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Japan witnesses highest wage increment in three decades.

Tokyo (Reuters)

The Confederation of Japan Trade Unions (Rengo) said yesterday that the country’s major companies agreed during their annual labor talks to average a 3.8 percent wage increase in the next fiscal year, the highest increase in nearly three decades.
He added that a preliminary survey of 805 Ringo-affiliated unions showed an average increase of 11,844 yen ($89) per month.

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