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Uniqlo parent Fast Retailing Co Ltd 9983.T on Wednesday said it would raise wages by as much as 40 per cent, a clear sign that Japans rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting.The move by the casual clothing giant is likely to heighten focus on worker pay ahead of annual spring labour negotiations, although it looks unlikely that the rest of Japan Inc will deliver inc
termo stanley reases on the same scale.Prime Minister Fumio Kishida has repeatedly called for companies to increase wages, a plea that has gained urgency as prices have surged, leading to once-unthinkable increases in the cost of ev
stanley cups uk erything from food to fuel.The poor state of pay has become arguably the greatest problem for the worlds third-largest economy. In dollar terms, average annual pay in Japan was $39,711 in 2021, well below the OECD average of $51,607 and little changed from the early 1990s. Fast Retailing aside, there have been a number of companies that up to last year have significantly boosted their rate of pay increases. Thats a positive factor for the Japanese economy, said Taro Saito, executive research fellow at NLI Research Institute.Still, he cautioned that Fast Retailings case was that of one company with the wherewithal to afford sharp increases, which was not true of many other Japanese
stanley cup nz companies.Fast Retailings move marked the first time in at least 20 years that the company, which operates more than 3,500 clothing stores worldwide, would revise remunera Mynr Spain looks to wins soccer gold at London Games
JONESPORT, Maine 鈥?The Jonesport Fire Department has been housed in a small structure since 1975 that literally has been falling apart. The bathroom pipes froze in the winters. The water wasnt drinkable. And the office ceiling fell on the chiefs head.But that all changed this summer with the construction of a 4,800-square-foot new station financed through grants and federal stimulus finds.A dedication ceremony took place Monday under brilliant skies and before a large crowd. Chief Boyd Crowley said that although a building isnt a fire department 鈥?the men and women who serve are 鈥?he was thrilled with the departments new home.The old station wasnt even big enough for two of the departments engines, he said, and the concrete floor was giving way under the weight of the trucks. If you left the window
stanley cup of the truck open, your seat would get wet when it rained 鈥?inside. Thats how bad the roof leaked, he said.For three years, town, state and federal officials worked han
stanley cups d in hand to obtain federal stimulus funds, a Maine Community Development Block Grant and local funding of $100,000 to complete the project. John Gordon was the buildings architect and Carver Construction built the structure.The new station contains a muster and training room, a laundry room, enough bays to house all six trucks, a chiefs office and a large paved parking area. This is a great day in Jonesport, Selectman Bimbo Look
stanley bicchiere said. We are blessed. But he warned the state and federal officials on hand not to g
