Financial Crisis Archive

Japan’s Hidden Jobless Hits 4.69mn, Worse Than After Lehman Shock

Japan’s Hidden Jobless Hits 4.69mn, Worse Than After Lehman Shock November 16 (Nikkei) —The number of Japanese that want to work but are not actively seeking employment has surpassed levels from after the global financial crisis erupted, according to government data released on Tuesday. Some people have given up searching for work ...Read More

FT: Japan’s Financial Services Minister Offers Advice for US

US can learn from Japan’s crisis by Michiyo Nakamoto (Financial Times) The US should inject public funds into its financial system, which is undergoing a worse crisis than that experienced by Japan during its non-performing loan crisis, according to Japan’s financial services minister. “It is essential [for the US] to understand that ...Read More