Salarymen are worth less

[Taro Toporific]

Salaried Workers' Pay Decline for 5th Straight Year
TBS TV / Sept 23
National Taxation Agency announced Monday that the average annual salary for private sector workers had fallen 62,000 yen to 4.48 million yen last year, the 5th straight year in pay decline...

[Snapped]

It's still more than what I get paid. I'd love to have 4.48 mil yen a year.

[Taro Toporific]

It's still more than what I get paid. I'd love to have 4.48 mil yen a year.

These are average wages for people working more than 10 years, not for a young person just starting out. For an FG, making under 4 million/year in Japan is cause to IMMEDIATELY go to Naria. Likewise it's cause for GREAT personal shame to a Japanese not to have at least 10 million yen in the bank... yet read on

A Fifth of Japanese Households Have No Savings, Nikkei Reports
Sept. 23 (Bloomberg) --Households in Japan who said they have no savings rose to 22 percent, the highest level in 40 years, the Nihon Keizai newspaper said, citing a survey conducted by the Bank of Japan.
More than half of households with savings said the amount of money they kept at financial institutions fell this year, Nikkii reported.