Tokushima Prefecture Raises Minimum Wage by Record Amount
Tokushima Prefecture has made history by setting a record increase for its minimum wage in the current fiscal year's revision. The prefecture's hourly pay will jump from 896 yen ($6.18) to 980 yen, marking a significant boost for workers.
This decision comes as all prefectures in Japan have finalized their minimum wage rates for fiscal 2024. The national weighted average minimum wage has increased by a record 51 yen, or 5.1 percent, to 1,055 yen per hour.
Amid rising prices and labor shortages, 27 prefectures exceeded the central government's wage increase guideline. Local councils in each prefecture adjusted their minimum wage accordingly, resulting in a range of rates across the country.
Tokyo boasts the highest hourly pay at 1,163 yen, while Akita Prefecture sits at the bottom with 951 yen. The gap between the highest and lowest rates has narrowed slightly from 220 yen to 212 yen.
Tokushima Prefecture's decision to significantly increase its minimum wage reflects its commitment to improving the lives of its workers. The local council explained that the new rate is appropriate for the prefecture's economic position compared to other prefectures.
By adding 34 yen to the labor ministry's suggested 50-yen increase, Tokushima Prefecture has achieved a record-setting 84-yen jump in its minimum wage. This translates to a nearly 10 percent increase, making it one of the highest increases in the country.
While 20 A-ranked prefectures, including Tokyo, Aichi, and Osaka, followed the 50-yen guideline, Tokushima Prefecture's bold move demonstrates its dedication to supporting its workforce and addressing the challenges of rising costs and labor shortages.