March 29, 2011

Young Japanese customers see their real incomes dropping over last ten years according to figures

"According to figures from the National Tax Agency, average annual salaries for Japanese workers in their early 20s fell to 2.48 million yen in 2008, the latest year for which figures are available, from 2.83 million yen in 1997. At the current exchange rate, that is a decrease to $29,470, from $33,635."



Source:Young Japanese Seek Second, and Third, Jobs
By GEAROID REIDY
September 6, 2010
New York Times
http://www.nytimes.com/2010/09/07/business/global/07iht-jobs.html?sq=&st=cse&%2334;japanese=&%2334;=&scp=2&pagewanted=all

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