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Unfortunately, while Japan does a great job on housing, they still experienced the lost decade.
by kiba 10y ago
Unfortunately, while Japan does a great job on housing, they still experienced the lost decade.
- twblalock 10y agoAnd yet, during the lost decade, standards of living increased, and the highest unemployment rate ever recorded was only 5.6%.
- mc32 10y agoI don't know about you, but I'll take our measure of 5.6% over their measure of 5.6% any day.
- buster 10y agoCan you explain, please?
- mc32 10y agoYou can take a look at this: http://lipperalpha.financial.thomsonreuters.com/2014/09/news-charts-japans-hidden-unemployment-problem/ http://lipperalpha.financial.thomsonreuters.com/2014/09/news... Basically, underemployment, wage deflation, people leaving the workforce, rise in part-time labor, fall in full-time employment.