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Japan's ultralow jobless rate masks grim reality

/ May 31, 2017

Japan's ultralow jobless rate masks grim reality

Employers across the country are scrambling to find staff, unemployment is at its lowest level in more than two decades and the labor market is tighter than it was during the nation’s booming bubble economy years.This should be great news for the world’s No. ...

Japan's industrial output rose 4.0% on month in April

/ May 31, 2017

Japan's industrial output rose 4.0% on month in April

Industrial production in April rose 4.0 percent from the previous month to its highest level since October 2008, due mainly to increased auto production amid an economic recovery, government data showed Wednesday.The Ministry of Economy, Trade and Industry, however, kept unchanged its basic assessment ...

Robots may help defuse demographic time bomb in Japan and Germany

/ May 30, 2017

Robots may help defuse demographic time bomb in Japan and Germany

Japan and Germany may be sitting on a ticking demographic time bomb where aging populations begin to drag down economic growth. Good thing they’re also prime candidates for robot revolutions.Increased automation and more use of robotic technology in these manufacturing powerhouses could help cushion ...

Former Fed chief Bernanke endorses BOJ's inflation goal

/ May 24, 2017

Former Fed chief Bernanke endorses BOJ's inflation goal

Former head of the U.S. Federal Reserve, Ben S. Bernanke, endorsed the Bank of Japan’s extraordinary easing measures to break free of persistent deflation and underlined the importance of coordinating monetary policy with fiscal stimulus.“Despite improvement in the Japanese economy, I think there’s still ...

Machinery orders rise in March for second straight month

/ May 17, 2017

Machinery orders rise in March for second straight month

Japan’s private-sector core machinery orders gained 1.4 percent in March from the previous month, up for the second consecutive month, helped by solid demand in the manufacturing sector that offset weakness in the nonmanufacturing sector, government data showed Wednesday.The orders, excluding those for ships ...