As prices continue to rise, the real wage per worker in January decreased by 0.6% compared to the same month last year, marking the 22nd consecutive month of decline.
The Ministry of Health, Labor and Welfare conducts a ``Monthly Labor Statistics Survey'' targeting more than 30,000 establishments with 5 or more employees nationwide, and this year they have released preliminary figures for January.
According to the report, the average total cash salary, including basic salary and overtime pay, was 282,270 yen per person, an increase of 2% compared to the same month last year, and the 25th consecutive month of positive growth, the longest on record. Has been updated.
On the other hand, real wages, which reflect changes in prices, decreased by 0.6% compared to the same month last year.
This is the 22nd consecutive month that real wages have been negative.
Although the rate of decline in real wages has been smaller than in recent months, wage growth has still not kept pace with rising prices, and real wages remain negative.
The Ministry of Health, Labor and Welfare said, ``The decline in real wages has slowed down a little, partly because the growth in the consumer price index has slowed down a little.'' We will closely monitor the impact of the results of the spring labor union, where negotiations are in full swing, on wage trends and the price situation. I want to do that.''