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Where is this "strong wage growth" the article is talking about? (japantoday.com)

submitted 1 year ago by Hanabie to c/[email protected]

6 comments fedilink hide all child comments

Did your wages go up? Mine didn't, neither my wife's.

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[–] [email protected] 1 points 1 year ago

I read the article but they missed the point that higher inflation will cause consumers to spend less and ultimately slow the economy, increasing unemployment. Higher unemployment means more competition for jobs and lowball salaries. Now we might not see widespread layoffs here but the average person will be stuck earning peanuts.