SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: kapkan4u who wrote (61026)10/29/2001 9:35:44 PM
From: Joe NYCRespond to of 275872
 
Kap,

Japan lost 400,000 jobs in September

IMO, the scariest part of the article is this:

Four hundred thousand jobs disappeared from the world's second- biggest economy last month. The loss of jobs threatens to overwhelm a 350 billion yen ($3 billion) government plan, approved last week, to hire 450,000 forestry workers, parking officers and teachers' aides.

The Japanese government has not learned a single thing from a decade long recession.

Joe



To: kapkan4u who wrote (61026)10/29/2001 9:45:54 PM
From: Bill JacksonRespond to of 275872
 
Kap, this is good news, it means the Japanese are finally making a system that has feedback loops in the workforce. I remember when a Japanese job was a lifetime job and you were never fired. In slacktimes they kept you employed and went into debt. This finally caught up with them.

This also cripples Europe.

The strong point of the US system is no work no pay = layoffs

Bill


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News