Re:The Japanese Urban Zoning System
by kiba on Saturday August 20, 2016 @12:17PM
(#12327187)
Unfortunately, while Japan does a great job on housing, they still experienced the lost decade.
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And yet, during the lost decade, standards of living increased, and the highest unemployment rate ever recorded was only 5.6%.
I don't know about you, but I'll take our measure of 5.6% over their measure of 5.6% any day.
Can you explain, please?
You can take a look at this: http://lipperalpha.financial.thomsonreuters.com/2014/09/news...
Basically, underemployment, wage deflation, people leaving the workforce, rise in part-time labor, fall in full-time employment.