resort to emergency short-term measures to address the critical employment situation, The question is how to create jobs," he said.

Employment springs from production, Seike said, stressing that no business hires for charity.

"They employ people to produce goods and services. I mean that employment policy should be closely related to industrial policy, and more importantly, to the formation of the country's longer-term economic growth strategy."

Like it or not, the economy will have to rely on overseas markets for growth, Seike said, suggesting two broad approaches to job creation.