Japan's Labor Shortage Is Quite Serious, EY-Parthenon Says

Japan's Labor Shortage Is Quite Serious, EY-Parthenon Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the potential impact of a sales tax hike in Japan, highlighting government measures to mitigate its effects. It examines Japan's monetary policy, noting diminishing returns but a robust domestic economy. The video also explores the impact of US-China trade tensions on Japan's economy, including a slowdown in the Composite Index. Finally, it addresses structural challenges such as labor shortages and an aging population, affecting retail sustainability.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures has the government implemented to offset the impact of the consumption tax hike?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How are the US-China trade tensions affecting Japan's economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What structural challenges does the Japanese economy face?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the labor shortage in the retail space in Japan?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the aging population impacting the Japanese economy?

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