RTTNews - Total cash earnings of wage earners in Japan dropped 4.8% year-on-year, slower than a revised 7% drop in the preceding month, the latest report from the Ministry of Health, Labor and Welfare said Monday. This marked the 14th consecutive month of decline in the earnings.
Scheduled wages were down 1.1%, after a revised 0.9% fall in the preceding month. Non-scheduled wages or overtime wages declined 16.5%, following a revised 17.5% drop in June. Meanwhile, special cash earnings, or bonuses slipped 11%, at a slower pace compared to a revised 13.9% fall in the previous month.
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