One in four working adults “do not eat lunch on working days” – the financial situation is tough... 80% say they are “struggling to make ends meet” even with “wage increases”
* Survey period: September 3rd to September 4th, 2024
One in four people “don’t eat lunch on working days” – the severe financial situation of working adults (published October 1st, 2024) – Livedoor News: Gendai Business October 1st, 2024 8:00am Photo: Gendai Business 80% of people say they are “struggling to make ends meet” even with wage increases In this year’s spring labor offensive, the combined wage increase rate for regular salary increases and base pay increases at major companies was 5.58%. This is the first time since 1991 that it has exceeded 5%. Additionally, a survey by the Japan Chamber of Commerce and Industry of approximately 2,000 small and medium-sized enterprises nationwide revealed that 67.6% of companies had implemented wage increases this year. However Read more Even with “wage increases,” 80% of people are “struggling to make ends meet”…Lunch expenses reveal the tight financial situation of businesspeople! – Livedoor News: (omitted) ※See source for full article.
>>1 In the national financial statements for fiscal year 2021, tax and stamp revenues were about 64 trillion yen and social security-related expenses were about 55 trillion yen In other words, 86% of tax and stamp revenues were used for social security-related expenses. In Japan, one third of the population is over 65 years old and their livelihoods are supported by social security, and two people, including people with disabilities and minors, support the lives of one elderly person, so the burden on the working generation is increasing. What Japan needs now is to drastically cut social security spending, reduce taxes, and increase the disposable income of the working generation.
Is this the case for someone who is married with multiple children and lives away from home, so they have little pocket money and eat instant noodles for lunch?
There’s a lunch break, and you want to eat but can’t because of financial reasons. Look into it. Dieting and not eating lunch on the night shift are just as pointless as the 100% internet usage rate (according to a survey on a website).
I should just go back to my hometown in the countryside. My salary in the countryside is 170,000 yen compared to 250,000 yen in Tokyo. The countryside is better value for money lol.
Interest rates are rising, so are rents, utility bills, prices, and mortgages.
Tuition is rising, and tax increases are imminent. Japan is in a recession, but they’re raising interest rates, strengthening the yen, and raising taxes… do they want the people to revolt?! lol Or maybe the government isn’t Japanese at all lol.
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