A worker is seen at an assembly line of Honda Motor Co.'s motorcycles. Photo: Reuters, Naomi Tajitsu
A worker is seen at an assembly line of Honda Motor Co.'s motorcycles. Photo: Reuters, Naomi Tajitsu
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Japan labor woes

Is a labor shortage hurting Japan's manufacturing outlook?

March 11, 2017 12:31 AM (UTC+8)

Nomura reports that Japan’s manufacturing sector BSI fell to from +7.5ppt in the last survey to +1.1ppt, while nonmanufacturing BSI was up from +0.7 to +1.5ppt. Demand and overseas forex rates both led to improvement in sentiment, but costs related to the shortage of labor likely pushed down manufacturing numbers.

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