We show you our most important and recent visitors news details Japan faces worst full-time worker shortage since COVID-19, survey finds in the following article
Hind Al Soulia - Riyadh - TOKYO — Japan is grappling with its worst shortage of full-time workers since the onset of the COVID-19 pandemic, with more than half of local firms reporting understaffing, according to a recent survey.
Among the 11,000 companies that responded to the January survey conducted by Teikoku Databank Ltd., 53.4% stated they need more full-time workers. This marks the highest level since April 2020 and is nearing the record 53.9% reported in November 2018.
The information services sector reported the most pressing need, particularly for system engineers, followed by the construction industry, Tokyo-based Kyodo News reported on Sunday.
The survey also found that 30.6% of firms lack part-time workers, with staffing firms experiencing the most acute shortage of non-regular employees, followed by the restaurant sector.
The labor crisis comes as economists closely watch whether last year’s strong wage growth will continue.
Major Japanese firms are expected to decide soon on their responses to labor union demands for pay hikes.
To address the shortage, 68.1% of companies struggling with labor deficits plan to raise wages for full-time employees starting in April.
However, economists warn that smaller firms may struggle to keep pace with larger corporations that have the financial resources to sustain wage increases.
"We have to be vigilant against the risk of more companies going bankrupt due to labor shortages," Teikoku Databank stated, noting that the number of bankruptcies caused by workforce deficits reached a record high in 2024. — Agencies
These were the details of the news Japan faces worst full-time worker shortage since COVID-19, survey finds for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Saudi Gazette and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
