Home > News > Weak labor pool dims Japanese industry
October 23rd, 2006
Weak labor pool dims Japanese industry
Abstract:
Tokyo has adopted as its buzzword for a national vision "monozukuri," which means "making things," including not only industrial production but also arts and crafts and other activities that involve working with your hands. A declining birth rate is seen as a threat to ensuring an adequate work force for monozukuri as the Boomer generation approaches retirement age.
The government started a monozukuri campaign last year, earmarking funds to dozens of robotics, nanotechnology, genome and other technology projects, to survive global competition.
Source:
businessweek
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