Jun 18, 2016

California surpasses France as world's sixth-largest economy

California is now the sixth-largest economy in the world, surpassing France, thanks to a robust state economy and a strong U.S. dollar. California was the world’s eighth-largest economy in 2014, Irena Asmundson, chief economist of the California Department of Finance, said in a phone ...

'Yukatsu' program to let civil servants leave early for second summer

Jun 5, 2016

'Yukatsu' program to let civil servants leave early for second summer

The central government will again encourage employees this summer to go home early under a morning-oriented work program. Like last year, the yukatsu (evening activity) program will last for two months starting in July, according to guidelines distributed to government agencies and their branches. ...

Jun 4, 2016

Vocational universities won't solve all woes


The government's initiative to create vocational universities can play an important part of the overall strategy to make tertiary education and training more useful, but it's important not to place unrealistic hopes on both.

Jun 2, 2016

French nuclear plants, trains on strike over labor bill

Workers are on strike at most French nuclear plants and the national rail service to protest the proposed abolition of some labor protections. Members of the CGT union at 16 of France’s 19 nuclear plants, which provide the majority of the country’s electricity, voted ...

Record 97% of university graduates land jobs

May 20, 2016

Record 97% of university graduates land jobs

A record-high 97.3 percent of university graduates in Japan were employed as of the beginning of the fiscal year on April 1, according to government data released Friday, reflecting companies’ increasing appetite for recruitment. The employment rate of job-seeking university graduates rose 0.6 percentage ...

May 19, 2016

Trump talks tough on firms that outsource but also invested in them

Donald Trump has been tough on American companies that have moved jobs to other countries. That hasn’t stopped the presumptive Republican presidential nominee from investing in them. Trump has denounced units of United Technologies Corp., Ford Motor Co. and Mondelez International Inc. on the ...

May 19, 2016

Contentious TPP will only bring modest gains to U.S., report concludes

A contentious trade deal between the United States and 11 Pacific Rim nations would give the U.S. economy a modest boost, an independent federal agency reported Wednesday. The U.S. International Trade Commission said the Trans-Pacific Partnership would increase economic growth and create jobs. But ...