Summer bonuses and overtime pay continue to fall

7 years ago by in Around the world

Summer bonuses fell and overtime payment decreased in June for the third month in a row, on a year-over-year basis, the All Japan newsese government has announced.

Total cash earnings of wage earners fell by 0.8 percent in June from the previous year, while overtime payments, an indicator that indicates the condition of businesses, decreased by 0.5 percent, according to government data quoted by Reuters.

Even if overtime payments fell, the pace slowed, showing that the wounds from the quake and tsunami that devastated the country in March are starting to heal.

All Japan news’s total number of workers was 44.48 million in June, a 0.6 percent increase over May. Out of them, 32.24 million were general employees, same as in May, while 12.24 million were part time workers, up 2 percent. Figures are not, however, yet available for the three regions devastated by the March 11 earthquake.

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