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Japan’s Auto Workers Demand Industrywide Raises
Unions representing workers at 11 Japanese carmakers are asking the companies to hike base monthly wages for their members by 6,000 yen ($51) in the fiscal year that begins April 1, according to the Confederation of Japan Automobile Workers' Unions.
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Unions representing workers at 11 Japanese carmakers are asking the companies to hike base monthly wages for their members by 6,000 yen ($51) in the fiscal year that begins April 1, according to the Confederation of Japan Automobile Workers' Unions.
The association represents 766,000 factory, supplier company and dealership workers. The group declares its members are entitled to more of the 4 trillion yen ($34 billion) in profits the companies are expected to report for the current fiscal year.
The unions' position has support from Prime Minister Shinzo Abe, who has been pressuring Japanese businesses to help economic growth by raising pay. The carmakers, most of which are major exporters, also have benefitted from the weak yen.
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