Young people who are escaping deflation are surprised when they see their pay slips while their starting salary was in the early 200，000 yen range， by their third year it had exceeded 300，000 yen．
Prices and wages are rising, and the long-pervasive atmosphere of stagnation is beginning to change. This spring’s average wage increase rate was 5.1%, the highest in 33 years. Corporate performance and capital investment plans are at their highest levels ever. The focus going forward will be on the impact this will have on weak personal consumption. Examine the strength of the wage increase economy. “Is it okay to earn this much in just my third year?” A man (24) who works at Daikin Industries was surprised when he saw his pay slip. Starting salaries were in the early 200,000 yen range, but now exceed the 300,000 yen mark. For details, see source 2024/7/30.
It’s pointless unless wages for unskilled laborers are raised and the annual income barrier is addressed. There’s a labor shortage due to recruitment at minimum wage. There’s a labor shortage due to reduced working hours caused by the annual income barrier. This is the cause of the labor shortage.
The Ice Age Generation doesn’t get angry even with this. The Ice Age Generation had to work hard at the same company for 20 years to earn a salary of 300,000 yen. Young people today easily surpass the salaries of the Ice Age Generation. The Ice Age Generation doesn’t complain even with this, so they’re easy to deal with lol.
>>30 So technical high school is the best way to turn your life around. If you get into a big company, you’ll be better off than a university graduate.
>>35 Article continues – Consumer spending among people in their 20s from January to June has grown more than other generations, and investment has also grown more. – Now, 40% of companies have starting salaries in the 230,000-290,000 yen range, 10% in the 300,000 yen range, and in 2003 only 10% had starting salaries over 230,000 yen.
To begin with, young people at large companies get sky-high salaries to look good. Lifetime employment and seniority-based pay have been abolished, so there’s not much difference in lifetime salary.
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