Japan’s effective labour force has continued to grow despite a continued fall in the working-age population as more women have entered the workforce and baby-boomers have continued to work into older age. But these tailwinds appear to be fading. The labour force will soon start to shrink again and, as it does, this will keep a lid on Japan’s potential growth.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.