Labour markets in Japan are tight, and yet wage growth is sluggish
go figure
Anyway, Japanese PM Abe:
- Will create system to enable working beyond age 65
- necessary to greatly increase mid-career employment
- Will allow choice of receiving pension from after age 70
OK, OK, I didn't say the comments were interesting ….
… labour market reform will fall under the 3rd of Abe's '3 arrows'
Can anyone remember the other 2? I know BOJ easing was one of 'em
So
much
easing
