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As a temporary emergency measure against surging Covid-19 infections in China, Japanese Prime Minister Fumio Kishida said Japan will require tests for all visitors from China
As a temporary emergency measure against surging Covid-19 infections in China, Japanese Prime Minister Fumio Kishida said Japan will require tests for all visitors from China
Introduction
Over one year after the start of the COVID-19 crisis, there is still much uncertainty regarding the road towards economic recovery and its pace. Wage setting and wages are expected to play an important role in facilitating an inclusive and fast recovery. On the one hand, wage-setting mechanisms should be able to respond flexibly to the new conditions to reduce the impact on job losses. But at the same time, it is critical to maintain wage levels to maintain incomes and satisfy demands. Balancing these two imperatives is not an easy task, as is made evident by the difficulties experienced by social partners and governments when faced with the task of renewing collective agreements and negotiating or deciding on minimum wage increases.