Japan's real wages in February were down 1.3 percent from a year earlier, marking the 23rd consecutive month of decline, as salary increases failed to keep pace with inflation, government data show.
IT engineers working in Japan were paid an average of $36,061 in 2023, dropping six places from the previous year to rank 26 among 72 countries, a recent study found.
Japan's real wages dropped 2.5 percent in 2023 for the second straight year of decline, as salary increases failed to keep up with inflation, while household spending fell for the first time in three years, government data show.