Japan's Main Labor Union Decides To Seek 2% Pay Rise In 2015 Talks

Japan's main labor union decides to seek 2% pay rise in 2015 talksJapan's largest labor union decided Tuesday to seek a 2 percent or greater basic pay raise in annual wage talks starting early next year, a higher goal than set for this year.

The Japanese Trade Union Confederation, known as Rengo, decided at a meeting in Tokyo to press employers to increase the pay scale, in addition to the automatic rise in wages based on seniority.

In this year's wage talks ended last spring, Rengo successfully sought a 1 percent or more pay-scale rise.