Thursday, October 31, 2013
Workers' Cash Earnings Up For 1st Time In 3 Months In Sept
TOKYO (Nikkei)--Workers' total cash earnings in September rose 0.1% on the year to 265,376 yen, on average, the first increase in three months, according to preliminary figures released Thursday from the Labor Ministry's Monthly Labor Survey.
The survey covers businesses with five or more employees.
The increase was mainly attributed to a rise in overtime pay. Summer bonuses rose 0.3% to 359,317 yen on average, for the first increase in three years. Recoveries in earnings are seen in overtime, bonuses or other pay, excluding base wages.
Of total cash earnings, nonscheduled earnings, equivalent to overtime pay, rose 3.5% to 18,542 yen, while special earnings, including bonuses, rose 6.4% to 4,979 yen. Scheduled earnings fell 0.3% to 241,855 yen.
(The Nikkei, Oct. 31 evening edition)