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The unemployment rate in Japan is low, but the (arguably more important) labor force participation rate has been dropping a lot lately: http://i.imgur.com/WJiUx
by gahahaha 15y ago
The unemployment rate in Japan is low, but the (arguably more important) labor force participation rate has been dropping a lot lately: http://i.imgur.com/WJiUx.jpg http://i.imgur.com/WJiUx.jpg
Of course, a big explanation for the lower labor force participation rate is the aging population.
- georgieporgie 15y agoIn addition, the type of employment has changed in Japan. The career job is gone, replaced by temp work.