Overtime Earnings - Japan

The average earnings per employee for time worked in excess of scheduled working hours. During times of economic contraction companies are less likely to hire additional labor. As demand picks up companies generally ask staff to work overtime before adding additional workings. When it becomes clear that increases in demand are steady, companies are then more inclined to higher extra labor to meet demand. Thus Overtime Earnings can be a leading indicator for economic growth and forecast employment trends.

The headline figure is the monthly percentage change in Overtime Earnings .

Relevance : Rarely affects markets
Release schedule : 1:30 (GMT); monthly, in the fourth or fifth week following the reporting month.
Revisions schedule : Final report is released approximately two weeks after the provisional report's release.
Source of report : Ministry of Health, Labour and Welfare ( Japan )
Web Address : http://www.mhlw.go.jp/english/index.html
Address of release : http://www.mhlw.go.jp/english/database/db-l/index.html
AKA : Non-Scheduled Earnings

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