Two-Thirds Of Japanese Companies Struggling As Aging Workforce Drives Labor Crisis
Allwork
JANUARY 16, 2025
The number of bankruptcies caused by labor shortages in 2024 surged 32% from a year earlier to a record 342 cases, according to credit research firm Teikoku Databank. . “It goes without saying this drives up personnel costs, but it could even pose a business continuity risk,” a manager at a railroad operator wrote in the survey.
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