Japanese wages fall in 2020 on pandemic hit

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Japanese workers saw their monthly wages fall last year as the coronavirus pandemic took its toll on the economy. That is according to the results of a labor ministry survey released on Tuesday.

Preliminary figures show that average monthly pay, including overtime and bonuses, dropped 1.2 percent to 318,299 yen, or about 3,000 dollars.

It was the second year in a row that wages fell. It was also the biggest decline since 2009, when paychecks shrank 3.8 percent in the wake of the global financial crisis.

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