With prices continuing to rise, real wages per worker in November last year decreased by 3.8% compared to the same month of the previous year, the largest drop since 2014 when the consumption tax rate was raised and real wages dropped significantly. have become.
According to the "Monthly Labor Statistics Survey" conducted by the Ministry of Health, Labor and Welfare targeting more than 30,000 business establishments with 5 or more employees, the real wages in November last year, which reflect price fluctuations, were lower than the previous November. decreased by 3.8%.
It has been negative for eight consecutive months against the backdrop of rising prices.
This is the first time in 8 years and 6 months since May 2014 that the rate of decline was 4.1%, as the consumption tax rate was raised from 5% to 8%. did.
Also, excluding the year of the consumption tax hike, the impact of the Lehman Brothers bankruptcy remains, which is the 4.2% decline since December 2009.
On the other hand, the average total cash earnings per worker in November last year, which is the premise for calculating real wages, was 283,895 yen, an increase of 0.5% compared to November last year.
It was the 11th straight month that it exceeded the same month of the previous year, but the margin of increase narrowed.
According to the Ministry of Health, Labor and Welfare, ``The decrease in the positive margin of the total salary and the continued rise in prices are affecting real wages. I want to keep an eye on trends."