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Thursday, November 18, 2010

Starting salary of university graduates in Japan the first reduced in 3 years

Japan's Health Ministry announced on the 15th data show that university graduates in 2010 a monthly salary of 197,400 yen started (about 2369 U.S. dollars), down 0.7% compared with last year, the first drop in 3 years.

Japan's Kyodo news agency reported starting salary of men and women college graduates were 200,300 yen ($ 2,404) and 19.35 million yen ($ 2,322), the last down 0.5% and 0.7%.

Data show that high school graduates a starting salary of 157,800 yen ($ 1,894), the basic flat with last year.

View by industry, and life-related services and entertainment starting salary of 21.63 million yen ($ 2,596), a significant increase compared to last year 7.2%; accommodation and catering industry a starting salary of 191,900 yen ($ 2,303) , a decrease of 3%; transport and postal services starting salary down 1.3%.

Labor and Welfare that the reasons for the decline of the entry, including the 2008 financial crisis and the current economic situation deteriorated.

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