Japan's Labor Shortage Is Quite Serious, EY-Parthenon Says

The video discusses the potential impact of a sales tax hike in Japan, highlighting government measures to mitigate its effects. It examines Japan's monetary policy, noting diminishing returns but a robust domestic economy. The video also explores the impact of US-China trade tensions on Japan's economy, including a slowdown in the Composite Index. Finally, it addresses structural challenges such as labor shortages and an aging population, affecting retail sustainability.

What measures has the Japanese government taken to counteract the effects of the sales tax hike?

• Increased public spending

• Introduced measures to offset consumption tax impact

• Reduced interest rates

• Implemented new tax cuts

How is the Bank of Japan attempting to support the economy?

• By cutting government spending

• By reducing exports

• By implementing extraordinary monetary policy

• By increasing taxes

What is one of the main effects of US-China trade tensions on Japan?

• Rise in employment rates

• Increased GDP growth

• Boost in domestic production

• Slowdown in the Composite Index

What is a significant structural challenge faced by the Japanese retail sector?

• Declining technology use

• Excessive foreign competition

• Labor shortages

• High inflation rates

Why are some Japanese convenience stores reconsidering their 24-hour operations?

• To reduce energy consumption

• Because of labor shortages

• To comply with new regulations

• Due to increased competition