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Japan Steelmaker Unions File Pay Hike Demands

Japan Steelmaker Unions File Pay Hike Demands

   Tokyo, Feb. 9 (Jiji Press)--Labor unions at major Japanese steelmakers submitted their pay increase requests to the management side on Friday, marking the full-fledged start of the country's "shunto" spring wage negotiations this year.
   In this year's shunto talks, labor and management sides unprecedentedly share a goal, seeking to achieve wage growth that outpaces inflation in a bid to pull Japan fully out of deflation. Many major companies will give their responses to unions' wage hike demands on March 13.

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AFP-JIJI PRESS NEWS JOURNAL


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