Japan – Three measures of slack in labor markets

How likely are Japan’s workers to see a bumper salary increase? The latest labor market data — showing a 1.3 percent annual increase in wages in January — is a hopeful sign. A more detailed answer comes from examining alternative measures of slack in the labor market.

Chosen excerpts by Job Market Monitor. Read the whole story at INSIGHT: Three Measures of Slack in Japan’s Labor Markets | Bloomberg Professional Service.