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Average monthly salary in Japan rises for 1st time in 5 months in Nov.

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(Globalpost/GlobalPost)

Total average monthly pay for workers in Japan rose 0.5 percent in November from a year earlier to 276,601 yen, the first year-on-year increase in five months, the labor ministry said in a preliminary report Friday.

Increased overtime hours mainly in the manufacturing sector pushed up the total figure, according to the Health, Labor and Welfare Ministry.

Non-scheduled cash earnings, including overtime pay, grew 4.7 percent. Non-scheduled hours in the manufacturing sector, a measure of economic activity, increased for the fifth consecutive month by 11.8 percent to 16.2 hours.

As a result, the average basic salary rose 0.4 percent to 262,569 yen for the first gain in 18 months.

The survey was conducted on workers at firms with at least five employees.

The average salary of fulltime workers was up 0.8 percent at 351,026 yen, while that of part-timers was down 0.3 percent at 96,884 yen.

Total average monthly pay in October, which rose 0.1 percent from a year earlier in a preliminary report, was revised down to a 0.1 percent drop.

==Kyodo

http://www.globalpost.com/dispatch/news/kyodo-news-international/131227/average-monthly-salary-japan-rises-1st-time-5-months-n