Current

A notable event began in the 1990s as the economy of Japan suddenly stagnated after three decades of tremendous economic growth. This could be construed as directly linked to deindustrialization, as this phenomenon began to be recognized in developed countries of the world around this same time. However, Japan had larger economic problems, the effects of which can still be seen in the country's low economic growth today. According to data from the Organisation for Economic Co-operation and Development (2008), deindustrialization is occurring in Japan. However, although industrial employment as a percentage of total employment has dropped over the last couple of decades in Japan, total employment has not.^{[ citation needed ]} Unemployment was fairly low at 3.5% in 2007 (CIA World Factbook 2008) and the economy is relatively stable. Literature (Matsumoto 1996) has stated that the service sector has been expanding and providing jobs for those that have been displaced from industry. Strong union membership has also played a role in keeping employment rates stable. Although outsourcing and industrial decline may contribute to job loss in industry, the shift in modern economies from industry to service may help reduce negative effects.

Дата добавления: 2015-07-20