BOJ’s Ueda: More women, foreign workers needed as aging Japan faces labor squeeze ...Middle East

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Foreign workers make up just 3% of Japan’s labor force but contributed more than half of total labor force growth between 2023 and 2024, Ueda said, adding that further increases would require broad policy debate.

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Recent data from Japan shows:

Japan’s unemployment rate remained at 2.5% for a fourth consecutive month in June, 2.5% is the average over the past three yearsJapan’s consumer inflation stayed well above the BOJ’s 2% target even as price growth moderated, supporting market speculation that another rate hike may come this year This article was written by Eamonn Sheridan at investinglive.com.

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