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[–] lissencarak 2 points 5 points (+7|-2) ago 

  • High permanent unemployment
  • the lack of immigration in Japan is biting them in the ass

Pick one?


[–] Tsugumori 1 points 5 points (+6|-1) ago  (edited ago)

I guess I need to break it down. An aging population has led to less growth, which in turn means less jobs. The Japanese economy is sorely lacking for skilled laborers and people with higher education.

Consider the immigration to the US from India or China as good examples. Making it easier for people to get work visas would go a long way for them.

Again, really not trying to weigh in on the Europe thing, it's a completely different situation that I don't know nearly enough about.


[–] lissencarak 0 points 1 points (+1|-0) ago 

I don't understand the "economy is sorely lacking" part. It just sounds to me like: "Employers want cheaper labor". The only thing I am making out of this is there are labor-reliant businesses that can no longer remain competitive internationally with the increasing labor prices of their internal labor market. Car manufacturing maybe?