TOKYO — Japan faces a shortage of almost one million foreign workers in 2040 if the government wants to achieve its economic growth goals as the population dwindles, an estimate from a state-backed think tank showed on Thursday.
At the current pace, 5.91 million foreign people will be working in Japan in 2040, almost one million short of the foreign workforce needed to sustain the targeted average annual growth rate of 1.24%, the Japan International Cooperation Agency 's research arm said.
Wearing a protective face mask, twenty eight-year-old Vietnamese worker Thai Minh Huol, who came to Japan under the Specified Skills Program, works at a factory of Naito Furniture Inudstry in Minami Alps city, Yamanashi prefecture, Japan, 20 July 2020. EPA-EFE/DAI KUROKAWAForeign workers are crucial to Japan's economy as they help to fill a severe labor shortage due to the rapid aging and plummeting birthrate.
Faces Shortage Of Almost Million Foreign Workers In 2040 Think Tank Says
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