Chart 10  Business Confidence and Wage Increase Firms' Forecast on the Real Growth Rate for the Next 5 Years 4.0  %  Reasons Firms Are Passing Over/ Undecided on Wage Increases 80  %  70 3.5 60 3.0 2.5  50 40  1990s: 2.3%  30 2.0  20 2000s: 1.5% 10  1.5  90 92 94 96 98 00 02 04 06 08 10 12 14 16  Sources: Cabinet Office; The Japan Chamber of Commerce and Industry.
Other  Need to rein in increasing total labor costs due to higher number of employees  0.0  Wages already on par with other firms  0.5  Higher social insurance premiums increasing burden on firms  2010s: 1.2%  Business conditions not improving  1.0  Uncertainty over Future Business environment and economic conditions  0  Chart 11  Anxiety of Households Worries or Anxieties in Everyday Life 80  %  Causes of Worries or Anxieties (Changes between 1992 and 2017) 18  %  15  70  12 60  9 6  50  3  40  0 87 89 91 93 95 97 99 01 03 05 07 09 11 13 15 17  Source: Cabinet Office.