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© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Japan inflation ticks up; jobless rate 2.8% in October
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AgentX
So let me get this straight. The economy has picked up for big business exporters, but despite this financial gain - the average Taro does not see a yen.
In contrast, inflation is also up - which directs Taro directly, yet his wages stay stagnant.
On the other hand, his wife is working a part time job, albeit very low paid and with no job security or benefits. She has done a lot to prop up Japan's skewed jobless rate figures - but even that figure is now deteriorating and no amount of number fudging is able to hide it anymore.
She is also expected to raise children, to help the state recover from its economic recklessness.
Happy days.
JeffLee
That's true for the rest of the developed world. Welcome to the world of globalization and free trade, where manufacturing and tech are transferred to China and other cheap locations, with the profits split between them and the globalist elite in the developed world.
lomae
I'm tired of reading about this. It's never good news for the masses.
kurisupisu
It's so simple, why can't he politicians here work it out?
If my salary doesn't increase then I don't spend money which I haven't got but on a positive note, I'm looking to get into the adult diaper business-it's a winner!