Japan's labor market has been experiencing a phenomenon for years

Toru Hanai/Reuters

• There's a labor shortage in Japan, yet it has one of the lowest unemployment rates in the world. 
• The country's immigration policy is a factor in its labor market dynamics. 

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Japan has one of the lowest unemployment rates globally.  Business surveys continue to indicate significant labour shortages and the working age population is no longer growing. So how is it possible that the economy added the most number of jobs since records began in Q1?

Ministry of International Affairs and Communications

See the rest of the story at Business Insider

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