Income Inequality Grows Among Japanese Households
20:52 JST, August 22, 2023
Income inequality among households has increased around the country, according to figures released on Tuesday by the Health, Labor and Welfare Ministry.
According to the 2021 Survey on the Redistribution of Income, the Gini coefficient, which indicates the size of income inequality, was 0.5700, 0.0106 points higher than the previous survey.
This figure, based on initial income before taxes and social insurance contributions, was at the same level as in 2014, the largest year since the survey started.
The ministry attributes this to the aging of the population and the increase in the number of people with low initial incomes.
"Business" POPULAR ARTICLE
-
Japan’s Major Carmakers to Review Production Bases After Trump Win; Mexico Manufactured Vehicles Could be Hit by Tariffs
-
Japanese Companies Sprucing Up Employee Dorms to Attract New Workers, Keep Young Ones They Have
-
Japan’s Economy Expands Annualised 0.9% in Q3 on Tepid Capex
-
BOJ Policy Normalization to Support Long-Term Growth: Ueda
-
JETRO Draws up Guidelines for ‘Wagyu’ Labeling in U.S.
JN ACCESS RANKING
- Streaming Services Boost Anime Popularity Overseas; Former ‘Geeky’ Interest More Beloved Among Gen Z than 3 Major U.S. Sports
- Malaysia Growing in Popularity as Destination for Studying Abroad; British-style Education Available at Low Cost
- ‘Women Over 30 Would Have Uteruses Removed’; Remarks of CPJ Leader, Novelist Naoki Hyakuta Get Wide Attention
- APEC Leaders Vow to Maintain Free Trade System
- Ministry Eyes Improving Night-School Japanese Lessons; Aim Is To Help Foreigners Complete Junior High School