A wage level set for a job based on market dynamics and justified by the requisites according to the worker’s experience, skills, and education. Justified wage, higher than minimum wage, is a wage level enough to attract workers but low enough to offer employment to workers. The difference between a justified wage and minimum wage varies depending on several factors such as the economic condition and unemployment level.
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|08:00||Wholesale Price Index||Sep|
|14:10||BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks|
|02:30||Monetary Policy Meeting Minutes|
|02:30||BOJ Governor Haruhiko Kuroda Speaks|