Japan Labor Productivity Up 0.2 Pct in FY 2024

Japan Labor Productivity Up 0.2 Pct in FY 2024
Tokyo, Nov. 16 (Jiji Press)--Japanese labor productivity per worker in fiscal 2024, which ended in March this year, rose 0.2 pct from the previous year in inflation-adjusted real terms, up for four consecutive years, Japan Productivity Center data have shown. However, labor productivity "needs to increase more than 1 pct" to ensure that real wages keep rising by 1 pct as envisioned in a gov...