QTC: Japan – labour share still low
The rapid rise in the profit share of 2023 hasn't persisted into 2024. But there also hasn't been a decline, so the wage share remains at the lowest since the 1990s bubble.
If you find these Quick Take Charts interesting, you can sign up to receive them here:
And if you are interested in subscribing to our full research service, please get in touch for more details: paul@eastasiaecon.com