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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Worswick who wrote (4080)6/1/1998 11:14:00 AM
From: MikeM54321  Read Replies (1) | Respond to of 9980
 
>>This weekend two Japanese people came for lunch. They said the true inemployment in Japan is double the acknowledged figures in the region of 8%.<<

I can't remember where I read this(maybe even on this thread?). If a person in Japan works just one single hour in a week, then he's not officially unemployed and doesn't show up in the numbers. Even knowing this, your Japanese contacts estimate of 8% caught me by surprise. I would assume this is gut feeling they had, right?
Thanks, MikeM(From Florida)