Japan

This tag is associated with 28 posts

Japan / Growth and Quality of Life

To answer that question, we need to do two things. First, we need a way of measuring the quality of life. Second, we need to distinguish between the effect on quality of life of a country’s level of income and the effect of growth per se. Putting these two things together allows us to formulate … Continue reading

Japan / Jobs In Manufacturing Sector To 50-Year Low

Employment in Japan’s once-mighty manufacturing sector has fallen below 10 million for the first time in five decades, as a new government vows to stoke the struggling economy. Official employment data released Friday showed the number of workers in Japanese industry, which fuelled the country’s stratospheric rise from the ashes of World War II, slipped … Continue reading

Japan / Panasonic To Cut 10K More Workers

The Japanese consumer electronics industry continues to feel the squeeze in the economy, with one of the more painful effects being mass layoffs of workers. In the latest development, Panasonic Corp. says that it will reduce its workforce by 10,000 employees by the end of this fiscal year, which completes in March 2013. The company … Continue reading

Japan | Economy shrinks an annualized rate of 3.5 pc

Japan’s economy shrank in the September quarter for the first time since last year, adding to signs that slowing global growth and tensions with China are nudging the world’s third-largest economy into recession. The 0.9 percent fall in GDP was in line with expectations, although a decline in capital expenditure was much steeper than forecast. … Continue reading

Japan – Electronic Components – Ferrotec To Cut 800 Jobs

Ferrotec Corp. (6890), a Japanese maker of electronic components, plans to cut about 800 jobs across the company as it restructures its solar product business. Ferrotec will stop making and selling silicon ingots, wafers and cells used for solar panels under its own brand, the Tokyo-based manufacturer said today in a statement. It will produce … Continue reading

Japan – Unemployment rate (sa) stable at 4.2%.

via Statistics Bureau Home Page/Monthly Results   -September 2012-.

The world is stuck in a vicious cycle writes Lawrence Summers

If the global economy was in trouble before the annual World Bank and IMF meetings in Tokyo last week, it is hard to believe that it is now smooth sailing. Indeed, apart from the modest stimulus provided to the Japanese economy by all the official visitors and the wealthy financial sector hangers on, it is … Continue reading

Japan – How to meet the wishes of an army of willing elderly workers

The thought of retiring after more than four decades made Hirofumi Mishima anxious. Instead of looking forward to ending his three-hour daily commute, Mishima wanted to work, even if it meant another hour on the train. “Keeping a regular job is the most stimulating thing for me,” said Mishima, 69, who spent six months trawling … Continue reading

Fukushima – Fewer Jobs?

Japan may have fired up its first nuclear reactor since the Fukushima Daiichi accident, but the debate over the restarts rumbles on. While safety issues and potential power shortages have dominated the debate so far, another less-discussed issue is the potential impact on employment of trying to keep most or all of the nation’s 50 … Continue reading

Older Workers | Swedih Companies | Among the worst

Despite a large share of Sweden’s senior work force en route for retirement in the next few years, Swedish companies are among the worst in the world at recruiting and keeping people over fifty in employment. According to a study carried out by recruitment agency Manpower, only eight percent of Swedish employers have a strategy … Continue reading

It’s Time to Bring Manufacturing Back to the U.S. – David Simchi-Levi – Harvard Business Review

A growing number of executives of U.S.-based companies are repatriating their manufacturing capabilities — moving some production operations back from overseas. One such company is Ford, which announced last year that it will move jobs from China and Mexico back to the U.S. Another example is Caterpillar, which is investing $120 million in a new … Continue reading

Caterpillar Brings Jobs to US – Job Mouse

Caterpillar Inc. is set to open a manufacturing plant in northeast Georgia in 2013, the latest in a string of economic development victories for the State. The $200 million factory will employ about 1,400 people and produce construction equipment currently manufactured in Sagami, Japan. The project first reported in November 2011, will begin during the … Continue reading

Strong Yen Hurting Japanese Economy – Forbes

Bank of Japan governor Masaaki Shirakawa warned on Monday that a surging yen and the European Union’s sovereign-debt crisis were slowing Japan’s post tsunami economic recovery. The strong yen and the European financial crisis are related because as investors dump the euro, they look for what they feel are safe haven currencies like the Japanese yen … Continue reading

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