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(Twenty-five minutes too late...) No discussion of Japan's economy (whether it's government debt, inflation rates, recession, etc.) is complete without mention
by hudibras 12y ago
(Twenty-five minutes too late...)
No discussion of Japan's economy (whether it's government debt, inflation rates, recession, etc.) is complete without mentioning that the unemployment rate is 3.6%, the 2nd-lowest (behind South Korea) in the OECD.[0]
So all the doom-and-gloom about Japan's future prospects and what they're doing and should be doing has to be balanced by the continued commitment by the successive Japanese governments to maintaining full employment.
[0]http://stats.oecd.org/index.aspx?queryid=36324 http://stats.oecd.org/index.aspx?queryid=36324