UA ZENSEN is the Japanese Federation of Textile, Chemical, Commerce, Food and General Services Workers’ Unions
Nikkei reports the union is seeking a 6% wage hike
- overall wage increase target of 6% for full-time and part-time employees
- during spring labor negotiations in 2024
- the second consecutive year for a 6% claim
If they get it it would go some way towards more sustainable inflation and perhaps a BOJ policy change.