Thursday, December 19, 2013

Statistics reveal Japans competitive advantage in employment

Picture: Street scene in Tokyo, Japan



"The population of working age is falling at a rate of about 0.7 per cent a year. The employment ratio , at 80 per cent for men aged 15-64 in 2012, is higher than in other big high-income economies"



Source: Why Abenomics will disappoint Japan
By Martin Wolf
Financial Times
Thursday 19th December,2013
Australian Financial Review
Page 18