Tight job market keeps pressure on wages in Japan
The Straits Times|November 30, 2022
Japan's labour market showed further signs of tightening in October, a development that will help maintain upward pressure on wages.
Tight job market keeps pressure on wages in Japan

The job-to-applicants ratio climbed to 1.35 in October, meaning there were 135 jobs offered for every 100 applicants, the Labour Ministry reported on Tuesday. It was a slight rise from 134 positions a month earlier, and matched the economists' forecast.

A separate report also showed the unemployment rate remained low in October. The jobless rate stayed at 2.6 per cent, according to the Ministry of Internal Affairs.

The number of people with jobs in creased by about half a million compared with the year before, led by gains in the hospitality and medical sectors.

"The labour market is certainly tightening, but if you look at details, you see many openings in the service sector whose pay scale is low," said economist Takeshi Minami at Norinchukin Research Institute.

هذه القصة مأخوذة من طبعة November 30, 2022 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 30, 2022 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE STRAITS TIMES مشاهدة الكل
WINE BAR RENAISSANCE
The Straits Times

WINE BAR RENAISSANCE

New bars add to the tippling scene in Singapore

time-read
8 mins  |
November 03, 2024
Is that hairy crab you ordered the real deal?
The Straits Times

Is that hairy crab you ordered the real deal?

The prized crustacean is in season, with most restaurants getting their produce from Yangcheng Lake or Lake Tai in China

time-read
3 mins  |
November 03, 2024
From making tamales to starting a Mexican eatery, mum's the word
The Straits Times

From making tamales to starting a Mexican eatery, mum's the word

Making tamales stirred up memories of Ms Maribel Colmenares' late mother, so much so that she could not stop crying as she prepared the traditional Mexican staple for her home-based business.

time-read
5 mins  |
November 03, 2024
Singapore Land Authority chief finds life lessons in memoirs and business books
The Straits Times

Singapore Land Authority chief finds life lessons in memoirs and business books

Who: Colin Low, 48, chief executive of Singapore Land Authority (SLA). He joined SLA in 2021 after more than 20 years in the private sectors of real estate and hospitality.

time-read
3 mins  |
November 03, 2024
Malaysian writer tackles trauma, female rage with sensitivity
The Straits Times

Malaysian writer tackles trauma, female rage with sensitivity

Included in the beginning of the book by Malaysian author Hanna Alkaf is a list of trigger warnings, a much appreciated touch as the story touches on trauma and its effects.

time-read
2 mins  |
November 03, 2024
Andre Aciman's My Roman Year a transporting memoir of adolescent exile
The Straits Times

Andre Aciman's My Roman Year a transporting memoir of adolescent exile

Most people remember their adolescence by its major furniture pieces lengthy school years, overstated rebellion, early pangs of desire.

time-read
2 mins  |
November 03, 2024
French author's swansong proves conservatives create great art too
The Straits Times

French author's swansong proves conservatives create great art too

Purportedly his final novel, Michel Houellebecq's Annihilation is a wide-ranging vehicle for communicating his views from religion to death

time-read
3 mins  |
November 03, 2024
My hearse is a 'sports car'
The Straits Times

My hearse is a 'sports car'

Let's Talk About Death is a five-episode docuseries that follows millennials and their loved ones as they navigate end-of-life planning, and it starts honest conversations about death and dying well.

time-read
1 min  |
November 03, 2024
Slaying' with Gen Z marketing
The Straits Times

Slaying' with Gen Z marketing

More government ministries and public institutions are embracing a worldwide social media trend, in which Gen Z interns write the marketing script for their older colleagues to present

time-read
5 mins  |
November 03, 2024
Gen Z start-up launches Singapore's first menopause festival
The Straits Times

Gen Z start-up launches Singapore's first menopause festival

Femtech start-up Surety's co-founders were inspired by their mums' experiences

time-read
6 mins  |
November 03, 2024