Japan labor shortage triggers surge in bankruptcies

16 Jul 2024 22:46 | JHRS (Administrator)

Many business owners in Japan are struggling to find enough workers to stay afloat. The number declaring bankruptcy as a result was at a record high in the first half of this year.

Private research firm Teikoku Databank says Japan's labor shortage drove 182 companies to the wall between January and June. The number was up by 72 from a year earlier. It's the highest figure since the firm started keeping track.

Source: https://www3.nhk.or.jp


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