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Japan economy


Economists believe the rush for chefs and other workers will ease as the economy calms down and the pandemic subsides. Duncan weldon Duncan Weldon, UK economic correspondent at The Economist, shared an article on fears over wage inflation and demanding that employees be led astray as it is too early to worry about labor shortages. …

TORONTO – North American equity markets fell mid-week after the Federal Reserve revised up its inflation outlook and brought forward the timing of expected interest rate hikes. The U.S. central bank announced on Wednesday that the first rate hikes would take place in 2023, after signaling in March that there would be no hike until …

Around this time last year, I had a revealing conversation with Ryo Miyake, the Japanese fencer who won a medal at the London Olympics in 2012 and was pedaling at an Uber Eats pace in Tokyo. Most of the time, we discussed the oddity of the tune of his new job: Without the pandemic, Miyake …

Subscribe to the New Economy Daily newsletter, follow us @economy and subscribe to our Podcast. Japan’s economy is expected to grow this quarter and narrowly avoid a double-dip recession, even as the country’s battle to eradicate the coronavirus drags on. Gross domestic product is expected to grow 0.6% annualized in the three months to June, …