Reuters Business News: Japan aims to raise minimum wage to boost economy - MSN Money
Reuters Business News: Japan aims to raise minimum wage to boost economy - MSN Money
The bill which must be approved by Parliament does not stipulate how much the minimum hourly wage should be raised from the current national average of 673 yen ($5.73) and leaves the details to regional wage-setting committees making economists skeptical about any immediate improvement in wage conditions. But it would sharply raise fines on employers who pay workers below the legal standard.