Japan Job Market Points to Shift on Immigration

Japan is hoping to tackle a worsening manpower shortage in its transportation industry by licensing up to 24,500 foreign taxi, bus, and truck drivers by fiscal year 2028.While public acceptance of large-scale immigration has been slow to develop in Japan, many sectors facing acute labor shortages—such as construction, manufacturing, agriculture, and elder care—are struggling to fill roles amid a dearth of interest among younger Japanese.

The shift in immigration policies comes amid mounting demographic challenges.People over 65 account for about 30 percent of the 'super-aged' society. Compounding the issue is one of the world's lowest fertility rates, which last year dipped to just 1.2 births expected per woman—a figure well below the replacement rate of 2.1.As a result, Japan has been forced to turn to immigration in hopes it can help offset the shrinking labor pool.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CEO shares insider tips to get your job application noticed in a saturated marketIn today's competitive job market, sending your CV isn't enough—you need to get noticed before the interview stage.
Source: IntEngineering - 🏆 287. / 63 Read more »

Gen Z ditches traditional resumes for TikTok videos to stand out in tough job marketHow Gen Z is bucking traditions in the workplace
Source: nypost - 🏆 91. / 67 Read more »

Mark Cuban: People with these 3 skills will be most successful in the future job marketBillionaire investor and entrepreneur Mark Cuban says the skills you need to land a job right now will be the same ones companies are hiring for in ten years.
Source: NBCDFW - 🏆 288. / 63 Read more »