Posted 4/6/2024, 8:40:00 PM
Japan's Shrinking Workforce Forces Business Changes
- Japan's labor pool is shrinking; the share of potential workers has fallen by half in 20 years
- The number of people aged 15+ not working but hoping for a job fell to 2.33 million in 2023, down 2.97 million from 20 years prior
- Businesses face rising labor costs that will force changes in how they work
- Job seekers are visiting employment centers in Tokyo
- The article is from Nikkei Asia, originally known as Nikkei Asian Review, on April 7, 2024