• Japan jobless rate hits new high
    29 replies, posted
[img]http://newsimg.bbc.co.uk/shared/img/v4/header_blocks.gif[/img] [quote]Japan's jobless rate hit a record 5.7% in July and consumer prices fell at a record pace, figures released days before a general election have shown. Companies are continuing to lay off workers even though the economy has returned to growth after the most bruising recession for decades. The state of Japan's economy is the key issue in the election campaign. Opinion polls show that the governing Liberal Democratic Party faces defeat in the election. It has held power for 53 of the past 54 years. Recovery doubts In July, 3,590,000 Japanese were out of work in July, over a million more than a year ago. Japan's economy grew by 0.9% between April and June, but the latest figures cast doubt on the strength of the recovery. "The recent growth was mainly due to government spending and was not a self-sustaining recovery in the Japanese economy," said Hiroshi Watanabe at Mizuho Investors Securties. "We're unlikely to see a swift recovery for the time being," he added. News that the unemployment rate has risen to the highest since World War II is a blow for the Prime Minister Taro Aso. Opinion polls show his Liberal Democratic Party was already on course for defeat on Sunday for only the second time in more than 50 years. 'Deflationary pressure' Other figures released in Tokyo show core consumer prices fell by 2.2% in July from a year earlier, the fastest pace on record. And analysts expect prices to fall further. "Domestic demand is pretty weak. We expect deflationary pressure to increase," said Naoko Ogata at the Japan Research Institute. Japan is particularly sensitive to falling prices. The country was stuck in a deflationary spiral for years after an asset price bubble burst at the start of the 1990s. Shoppers put off purchases in the expectation of prices falling further, causing the economy to stagnate. [/quote] [img]http://newsimg.bbc.co.uk/media/images/46280000/jpg/_46280642_recyclerafp.jpg[/img] The recession is officially over, but the effect has yet to be felt
Why have I not seen this on Teletoon sooner :colbert:
I think Japan needs to sell more of their products off shore. No the quirky stuff, electronics. Phones that would get people off the iPhone.
They should sell the useless gadgets around the world. It would sell MILLIONS. :c00l:
[QUOTE=s0m3_guy;16975996]I think Japan needs to sell more of their products off shore. No the quirky stuff, electronics. Phones that would get people off the iPhone.[/QUOTE]What do you think 90% of Japan does? Without exportation, Japan wouldn't be 1/32nd it's current size economically.
Japan has WAY to many people for it's size. No wonder they have alot of jobless people. [editline]08:22PM[/editline] 2,000th post!
[QUOTE=phill977;16976218]Japan has WAY to many people for it's size. No onder they have alot of jobless people. [editline]08:22PM[/editline] 2,000th post![/QUOTE] Good For you:holy::holy:
[QUOTE=phill977;16976218]Japan has WAY to many people for it's size. No wonder they have alot of jobless people. [editline]08:22PM[/editline] 2,000th post![/QUOTE] Alot? 5,7% is really low when compared to other coutries.
i guess they ran out of FURSUITS
[QUOTE=IngeniousRabbit;16977140]i guess they ran out of FURSUITS[/QUOTE] What exactly has that got to do with anything?
[QUOTE=ZpankR;16976156]They should sell the useless gadgets around the world. It would sell MILLIONS. :c00l:[/QUOTE] I though that was Apple's job??
[QUOTE=Van-man;16977273]I though that was Apple's job??[/QUOTE] No that would be useless gadgets that randomly explode.
Recession is over for rich people.
Too many weaboos. Eliminate them. And the recession is gone.
I think the current Prime Minister has about half the approval rating Bush had when he left office. Which is like, 8%
[QUOTE=Freekill;16978055]Too many weaboos. Eliminate them. And the recession is gone.[/QUOTE] But a weaboo is a non-Japanese person who obsesses themselves with Japanese culture.
lol@ NSFW tags
[QUOTE=Diet Kane;16980395]But a weaboo is a non-Japanese person who obsesses themselves with Japanese culture.[/QUOTE] A Japanese person addicted to anime is just as disgusting as a non-Japanese person.
Stereotypes, stereotypes...
Aren't their prime minister gonna raise the taxes with 15% too?
[QUOTE=s0m3_guy;16975996]I think Japan needs to sell more of their products off shore. No the quirky stuff, electronics. Phones that would get people off the iPhone.[/QUOTE] You see Japanese phones? They're like flip phones enlarged x 3 and they're crap because NTT docomo has like a complete monopoly.
You kn ow it's funny cause the Communist Party has greatly increased in membership in response to this.
If they kill off "weaboos", then they will lose tons of sales. Japan is so animeish because it brings great profits.
[QUOTE=SolidusBlack;16980462]lol@ NSFW tags[/QUOTE] Hence the ''Not safe for work''. :smug:
Pft... in Michigan its 15% tell them to stop whining
There's like a trillion little ramen shops on that damn island. How are people out of work?
[QUOTE=MS-DOS4;16986672]There's like a trillion little ramen shops on that damn island. How are people out of work?[/QUOTE] They got robots to do it for them. It's their own fault they lost their jobs to things they created.
[QUOTE=Keegs_;16986624]Pft... in Michigan its 15% tell them to stop whining[/QUOTE] Woo Michigan!
[QUOTE=Detective P;16989230]Woo Michigan![/QUOTE] Fuck yes Michigan Go lions ... ... :frown:
Good.
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