Kishida may call for pay hikes in labor talks

Japanese Prime Minister Kishida Fumio is considering calling on businesses to raise wages during annual negotiations next spring. He has stated pay hikes will be crucial in realizing his goal of creating a strong cycle of growth and distribution, and rebuilding the country's middle class.

The Kishida administration has already decided to urge nursery schools to raise salaries by around 3 percent. Some officials say the government should recommend this figure for all industries.

Kishida plans to meet with government officials and business leaders on Friday to discuss measures that would achieve these wage hikes.
Former Prime Minister Abe Shinzo adopted a similar policy and urged businesses to raise wages. But some economists say the effects of this approach were limited.