Japan's bright jobs data hide gloomier reality
Jobs data suggest the labour market could hardly be more robust; the reality is less rosy
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In this article
- Beneath the surface
- Part-time gains in small firms
- Hours and earnings stagnant
- Broader data, same story
- Supply and demand?
- Excess supply of hours
- Hours-based unemployment
- Real upturn coming
What is this?
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_350.jpg "Job seekers attend a job fair held for fresh graduates in Tokyo, Japan (Reuters/Toru Hanai)")