In the manufacturing industry, a lot of companies have been woking overseas transfers because of the weak economy and strength of Japanese yen. I think that productivity improvements in Japanese manufacturing industry have almost reached their limit. I think Japan should change from a manufacturing economy to a service economy. However, the cause of the departure of a number of companies have begun to manufactory goods abroad that it's because of a combination of economic and political issues. The important issue, however in the near future, is that many employees will lose their jobs from this companies.
May 28, 2012
This is About The Economic Situation in Japan
Stock prices have been falling on the Tokyo exchange. Trade has been not active and remains weak. That may be caused mainly by the continuing strength of the Japanese yen and what's worse, a is the serious concern of the departure of Greece from the euro pact.
In the manufacturing industry, a lot of companies have been woking overseas transfers because of the weak economy and strength of Japanese yen. I think that productivity improvements in Japanese manufacturing industry have almost reached their limit. I think Japan should change from a manufacturing economy to a service economy. However, the cause of the departure of a number of companies have begun to manufactory goods abroad that it's because of a combination of economic and political issues. The important issue, however in the near future, is that many employees will lose their jobs from this companies.
In the manufacturing industry, a lot of companies have been woking overseas transfers because of the weak economy and strength of Japanese yen. I think that productivity improvements in Japanese manufacturing industry have almost reached their limit. I think Japan should change from a manufacturing economy to a service economy. However, the cause of the departure of a number of companies have begun to manufactory goods abroad that it's because of a combination of economic and political issues. The important issue, however in the near future, is that many employees will lose their jobs from this companies.
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