Title: TheMoneyIllusion » Why the Japanese economy is slowing, and will continue to slow:
Headings: Why the Japanese economy is slowing, and will continue to slow:
Why the Japanese economy is slowing, and will continue to slow:
Content: We’ll need a whole new vocabulary. PS. I just saw that the unemployment rate in Japan fell again in October, to 3.5%. That’s the lowest rate in more than 16 years. Gee, I wonder when their unemployment rate will start showing the effects of the “recession” that Japan fell into eight months ago. Anyone want to offer a guess? Meanwhile there is this tidbit: The number of employed persons in October 2014 was 63.90 million, an increase of 240 thousand or 0.4% from the previous year. Japan’s workforce is shrinking rapidly, and to make things worse they are in a “recession,” and yet by some wondrous and strange miracle their employment keeps rising! Yup, that April sales tax increase sure was a disaster.