Reported about 1 year ago
Japan is projected to encounter a shortage of nearly one million foreign workers by the year 2040 to meet its economic growth objectives amidst a declining population, according to a report by a state-backed think tank. The demand for foreign labor is essential to alleviate a severe labor shortage in Japan caused by an aging population and declining birth rates. The study highlighted the need for Japan to enhance efforts to attract and retain foreign talent, despite challenges like low wages and human rights concerns.
Source: YAHOO