Now, we look at Japan's new plan to support low-income households amid rising inflation. For the fourth year running, Japan's labour ministry has recommended a minimum wage hike that would be the country's highest ever.

Japan proposes record minimum pay hike

The latest government data from Reuters reveals that Japan's jobless rate experienced a notable decline, reaching 2.4 per cent in January, down from a revised 2.

Japan's jobless rate hits 2.4 per cent in January amid labour shortage: Report

Faced with a demographic shift marked by an aging and declining population, Japanese companies are actively exploring ways to retain and engage older workers. This initiative is a crucial component of their broader efforts to address the persistent labour crisis in the country.

Japan's struggle with an aging society | World Business Watch