According to Yoshiyuki Suimon, Research Analyst at Nomura, the trend of Japan’s increasingly severe labor shortages is confirmed by nationwide data on labor market supply-demand such as the unemployment rate and job openings-to-applicants ratio. Key Quotes “Data on the number of people employed in each industry in Japan as a whole over the past 10 years (2007-17) show a sharp increase in the number employed in health & welfare.” “The increase in the number employed in urban areas has been particularly marked, with growth in the number employed in health & welfare in the three major urban areas combined totaling 1.3mn over the past 10 years (an average of 130,000 a year).” “Wages in the health & welfare sector, which continues to attract labor inflows, are relatively low.” “According to our estimates, these inflows depress wage growth by about 0.1ppt a year. As Japanese society is still aging, the demand for health & welfare services is likely to continue to increase steadily.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Technical Analysis: Bullish structure favors test of 50-day MA hurdle FX Street 3 years According to Yoshiyuki Suimon, Research Analyst at Nomura, the trend of Japan's increasingly severe labor shortages is confirmed by nationwide data on labor market supply-demand such as the unemployment rate and job openings-to-applicants ratio. Key Quotes "Data on the number of people employed in each industry in Japan as a whole over the past 10 years (2007-17) show a sharp increase in the number employed in health & welfare." "The increase in the number employed in urban areas has been particularly marked, with growth in the number employed in health & welfare in the three major urban areas combined totaling… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
