Understanding Japan Labour Law & Employment Regulations
The third-largest economy in the world, Japan today is known for its technological advancement and economic power. Similar to other developed countries, the service sector in Japan is the largest contributor to its economy, characterised by many long-established businesses (shinise). Exports accounted for 18.5% of GDP in 2018. With a relatively low unemployment rate of 2.4%, Japan’s labour workforce comprises 67 million people as of 2019.
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