Japan's jobless rate hits nine-year low

[demoleft]

Source: AFP

TOKYO (AFP) - Japan's unemployment rate dropped to a more than nine-year low of 3.7 percent in June while household spending rose as Asia's largest economy continued its longest post-war recovery, data showed Tuesday.
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Average wages, however, fell again as companies replaced retiring baby boomers with younger graduates on lower salaries.
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There were 107 jobs available in June for every 100 job seekers, compared with 106 in May.
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But firms have been reluctant to share more of their fast-growing profits with workers, which has also hindered the economy's exit from deflation and made it harder for the central bank to justify another interest rate rise.
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Read more: http://www.afp.com/english/news/stories/070731042834.ab1jjdp6.html

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More profits, lower salaries. People happy. What more could a government wish?

On employment rates: Italy is said to witness a reduction in unemployed rates. Yes. People like me are hired for 2 or 3 weeks, a month, 3 months at low wages and salaries. Then are dropped, to start again (if they're lucky) for some other week, with another company, doing different things.
Many do the regular job of a full employee, but are paid as collaborator.
This may last for years: competence is never well paid. Experience goes to waste. Human resources? It's unknown to many companies, even as definition.

I read temporary jobs are very common in Japan. But guys appear to be satisfied of it down there. They like to change.
I'd like to work on.

[fasttense]

1. I've heard some horror stories about the economy coming out of Japan

especially involving working women. I get mixed signals on the success of the Japanese economy. Mostly I hear that the rich, and the corporation are getting richer but the growing poor are getting poorer. Temp jobs inflate the employed numbers so they can say they have low unemployment. The US plays this trick too.

Now Ireland I've heard some good things about. I understand they are covering college for people who can get in. I heard their economy is through the roof. If I had to move out of the US, I would move to Ireland.

[demoleft]

2. Temp jobs is a common trick, really.

In Italy it has been used by every government during the last 10 years.

As to Japan, I've read a thing on The Economist about their population fastly ageing. This is a terrible weakness in the long run.
Japan worries this as it has to compete with China and India that witness the opposite trend.

"The economy is now into its fifth year of recovery after a decade-long slump, but decent jobs are still short", says The Economist. If the news about lower salaries and more profits are right - how long can the Japanese "recovery" last?
The Economist link to the article: http://www.economist.com/world/displaystory.cfm?story_id=9539825

Ireland: I'd so like to visit it and have a look!

[fed-up]

3. my son's new roommates are from Japan-one of their father's just lost his job.....nt