Tokyo, February 1: Japan’s ongoing crisis of labour shortage worsens. Some 71 percent of Japanese companies are facing worker shortage. This is an impact of low birth rate, aged population which Japan is facing lately. Japan’s Ministry of Finance released the survey was conducted from late November last year to mid-January.
Overwork is already a major problem in Japan. This slow hiring process is putting more work load over existing employees through overtime and working on days off. The lack of personnel had caused costs to rise to few companies compared to the affect of over work load.
Due to labour shortage Japan’s reliance on foreign workers have increased. The population of foreign workers set a record of about 1.28 million in late October. The total of 1,278,670 is 18 percent higher than last year and the highest since comparable data became available in 2008.