Economic and fiscal policy analysts says worst economic performance since end of 2008 . To stimulate the economy , the Japanese parliament needs to act quickly on key budget measures , he said , referring to bills related to a second supplementary budget for fiscal 2008 and early passage of the state budget for fiscal 2009 . Japan 's gross domestic product fell 12.7 percent in the fourth quarter in 2009 . A slump in wages has led to tens of thousands of layoffs across Japan .
Economic and fiscal policy analysts says worst economic performance since end of 2008 . Japan 's gross domestic product fell 12.7 percent in the fourth quarter in 2009 . A slump in wages has led to tens of thousands of layoffs across Japan .