In the media | 04 Dec 2023
The JoongAng: Japan expects wage rise amid labor shortage
Shigeto Nagai, Head of Oxford Economics Japan discusses how the impact of labor shortages on wages has been proven to be much stronger than expected.
Read the full article below:
To explore our latest research, consulting reports and blog posts from our team of experts, on the topics that matter to you, check our Resource Hub – Oxford Economics.
Tags:
You may be interested in
US tariffs and the uneven impact across cities in Europe and Asia
The latest US tariffs are reshaping global trade patterns, hitting some cities harder than others. From Germany’s auto hubs to China’s electronics exporters, which regions will weather the storm and which will struggle?
Find Out More
Japanification risk – down, but not out
Our updated analysis shows that the risk of 'Japanification' – a lengthy period of low growth and low inflation or deflation – has increased in Asian economies like China but declined in Europe. However, some of the changes may not be permanent. Economies are still settling down after the upheavals of the pandemic and some key underlying drivers of Japanification remain in place.
Find Out More
The Deglobalisation Myth: How Asia’s supply chains are changing Infographic
Find Out More
Rapid ageing a tailwind for the aged care sector in Asia Pacific
We believe aged care is emerging as a prominent sector in Asia with a robust growth outlook.
Find Out More