ANALYSIS

Business | ANALYSIS May 1, 2023

Inflation and labor crunch prodding Japan's smaller firms to raise pay

by Tetsushi Kajimoto and Kentaro Sugiyama

Wages have barely risen in Japan since the asset bubble burst in the 1990s but have crept up recently, as companies face pressure to compensate employees for the rising cost of living.

Business | ANALYSIS May 1, 2023

Italy squandering economic lifeline as migrant talent goes to waste

by Alessandro Parodi and Alberto Chiumento

The scant prospects in Italy for foreign-born workers, however qualified they are, raises red flags for a country with a chronically stagnant economy and a rapidly shrinking population.