Japan's industrial production is shrinking as never
Even Toyota, Sony & Co. are suffering under the global economic crisis. Japan gets to feel the effects more intense. Industrial production fell in November as strong as ever. Tens of thousands of Japanese to lose their jobs and their abode. hp pavilion dv8000 battery
Production declined in view of the run-down of foreign demand for Japanese cars and electronics products rose 8.1 percent compared to the previous month, as the Ministry of Economy, Trade and Industry said today. This is the heaviest fall since the start of data collection in 1953. As a result, tens of thousands of workers losing time in the middle of the winter months, their jobs and many also have their accommodation which was provided by the companies. hp pavilion dv4 battery
To the motor dependent on exports of the world's second largest economy to flourish on its feet, the government decided to record a budget of 88.5 trillion yen (700 billion euros) for the 1 April 2009 commencing new financial year. In addition, the government in Tokyo is prepared to continue its efforts to budget consolidation temporarily hire back.
For victims of mass layoffs that have lost their shelter, the government plans to provide more public housing. Some municipalities also have agreed to hire some of the people affected temporarily.
According to estimates by the Ministry of Labour will have in Japan between October and the end of this financial year 85 000 temporary workers lost their jobs. One in three jobs in Japan is now only a limited period of time. The job security is currently the central topic. The unemployment rate rose in November from the previous month by 0.2 percentage points to 3.9 percent. Would the existing standards in Europe in the calculation of rate based, would see the unemployment statistics from considerably worse. lenovo 3000 c100 battery
As the government continues today announced that reduces the output of industry "rapidly". It is predicted for December, a further decline by 8.0 percent. This is the gloomiest forecast, which has offered the Ministry of Industry ever. In January, the expected production decline rate was 2.1 percent.