Economy sees Japan's third-longest postwar expansion

/ Jun 16, 2017

Economy sees Japan's third-longest postwar expansion

A Cabinet Office panel of experts on Thursday effectively confirmed that Japan’s current economic expansion continued for a 53rd consecutive month in April, making it the third-longest in the postwar period. The panel, headed by Rissho University Professor Hiroshi Yoshikawa, judged that the economy ...

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 ...

Abe adviser Ito touts minimum wage hike, taxing cash hoards

May 30, 2017

Abe adviser Ito touts minimum wage hike, taxing cash hoards

Targeted measures to push Japanese wages and inflation higher should be used instead of deploying additional monetary or fiscal stimulus, according to Takatoshi Ito, an adviser to Prime Minister Shinzo Abe. The tight labor market is bringing long-awaited pay increases to some workers, but ...

May 26, 2017

Japan's 2016 net external assets rose to second-largest on record

Japan’s net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by the government, businesses ...