Saturday, August 14, 2004

More Good News about Japan's Economy

Tucked into the bottom of this Economist article (subs. reqd.) is an intriguing bit of news:

Overall, there are now eight job openings in Japan for every ten applicants. The last time the ratio looked this good was in the 1980s.
This would be excellent news anywhere, even in the United States. I do believe that Japan has finally turned the corner for good.