Record number of young Japanese granted working holiday visas in Australia due to Japan's wage gap.

Japan's wage gap is pushing young workers abroad, with a record number of young Japanese granted working holiday visas in Australia last financial year. Many are lured by higher wages, made even more attractive by the weakening yen. This exodus risks exacerbating Japan's acute labor shortage and shows that younger Japanese are not buying into the nation's economic optimism.

April 13, 2024
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