https://www.bloomberg.com/news/articles/2017-04-30/japan-s-labor-shortage-prompts-grudging-turn-to-permanent-jobs … There has never been a shortage of labor in Japan/elsewhere; there has frequently been unwillingness to pay for it.
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Replying to @patio11
Color me shocked that companies cannot hire their fill of white collar employees in Tokyo for $2.5k their month w/o traditional guarantees.
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Replying to @patio11
("Traditional guarantees" is a reference to an interconnected set of social expectations. 1 of them is lifetime employment; tip of iceberg.)
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Replying to @patio11
Market for an engineer in early thirties in Tokyo is probably around $50k; you will be unsurprised to know they're in "shortage", too.
1 reply 7 retweets 19 likes
There's also a cost-of-regulation factor going on; formal protections for full-status employees are on par with unionized civil servants.
10:21 PM - 30 Apr 2017
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