The Japanese Labor Market
The Japanese market has been an attractive market for many foreign companies (gaishikei) for a very long time now despite the sluggish growth over the last 20-30 years. However, companies that are looking to operate their business from within Japan are facing various challenges when looking at the Japanese labor market. Let’s look at the labor market from a macro perspective. Breakdown of the Japanese labor market Let’s look at some numbers: Japan’s total population: 126 million working-age population (15-60):…