Labor supply has also improved, with many people coming back into the labor force and others extending their hours of work, but there are indications that many other workers still face virusrelated impediments.
In the course of Japan's economy experiencing such a significant change, making proactive investment in human capital, including determining wages based on the 2 percent inflation benchmark, will benefit individual firms in terms of  7  medium- to long-run management, not to mention that it is crucial for Japan's economy as a whole.