Characteristics of the Labor Market and Wage Formation in Japan  Developments in Wages of Regular Employees Scheduled Cash Earnings of Regular Employees  Voluntary Separation Rate 76  share in total number of separations, %  106  CY 2013 = 100 Small and medium-sized firms  72  104  Large firms  68  102  64 60  100  56 Firms with less than 100 employees  52  98  Firms with 100 or more employees  48 CY 00  02  04  06  08  10  12  14  16  18  20  96 CY 06  08  10  12  14  16  18  20  Notes: 1.
Certainly the way ahead will bring about legal and legislative reforms that need to be embraced in the road to a single currency. I thank you honorable Chair for your kind attention and wish you fruitful deliberations over the next two days of your meeting. BIS Review 26/2010  3