TOKYO, Dec 1 (Reuters) - Japanese wage earners' total cash
earnings fell 0.1 percent in October from a year earlier, the
first drop in 10 months, boding ill for consumption with the
economy already in a recession.
Overtime pay, a barometer of strength in corporate activity,
fell 3.1 percent from a year earlier to mark the third straight
month of decrease in a sign that companies were feeling the pinch
from the global economic slowdown.
Total cash earings amounted to 274,751 yen ($2,876) in
October, falling slightly after a revised 0.2 percent increase in
September, government data showed on Monday.
An index measuring real wages, which takes into account the
impact of price moves, fell 2.2 percent in October from a year
earlier, following a revised 2.1 percent drop in September.
The following table shows preliminary data for monthly
incomes and numbers of workers in October:
---------------------------------------------------------
OCT OCT SEPT
Payments (yen) yr/yr change (pct)
Total cash earnings 274,751 yen -0.1 +0.2*
Monthly wage 270,168 yen -0.1 +0.3*
-Regular pay 250,812 yen +0.2 +0.6*
-Overtime pay 19,356 yen -3.1 -3.1*
-Special payments 4,583 yen -6.2 -4.2*
---------------------------------------------------------
Number of workers (million)
Overall 45.109 mln +1.3 +1.4
-general employees 33.298 mln +1.5 +1.4
-part-time employees 11.811 mln +0.7 +1.5*
---------------------------------------------------------
*denotes a revision from preliminary data.
The ministry defines "workers" as 1) those who are employed
for more than one month at a firm that employs more than five
people, or 2) those who are employed on a daily basis or have
less than a one-month contract but had worked more than 18 days
during the two months before the survey was conducted at a firm
that employs more than five people.
To view the full tables, see the welfare ministry's website
at:
http://www.mhlw.go.jp/english/database/db-l/20/2009pe/mk2010pe.html
(Reporting by Leika Kihara)
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