Re:Global population is crashing, soaring and moving
by Mayora13 on Wednesday April 20, 2022 @08:36AM
(#31095939)
>By 2018, only one such company (Toyota) remains in the top 50. Many Japanese companies replaced a large part of their workforce with temporary workers, who had little job security and fewer benefits. As of 2009, these non-traditional employees made up more than a third of the labor force. For the wider Japanese workforce, wages have stagnated. From their peak in 1997, real wages have since fallen around 13% —an unprecedented number among developed nations.
-Wikipedia on the Lost Decade (1990-2???)
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Re:Global population is crashing, soaring and moving
by refurb on Wednesday April 20, 2022 @09:23AM
(#31096540)
Of course wages will stagnate, that’s entirely expected. And of course your industries will be eclipsed.
But are you arguing their lot has gotten worse in an absolute sense? Or just a relative sense?
Re:Global population is crashing, soaring and moving
by telotortium on Wednesday April 20, 2022 @11:24AM
(#31098278)
"Real wages have fallen 13%" - that sounds like a pretty substantial drop in living standards to me.