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Wages Are Going Gangbusters in the U.S.—Elsewhere, Not So Much

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Yoichi Akimoto’s pay has barely grown since he joined a Tokyo apparel company five years ago. He isn’t expecting that to change, even as wages accelerate elsewhere in the world.“I’m fortunate.

I’m still employed,” Mr. Akimoto said. “I know the company is not profitable. It’s only natural that our wages do not increase.”

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