Japan *does* have a labor surplus. That's why they have so many public sector ma... | Hacker News

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kevin_thibedeau on May 25, 2016 | parent | context | favorite | on: For first time since 1880s, more young Americans l...

Japan does have a labor surplus. That's why they have so many public sector make-work jobs doing things that could be automated or performed with fewer people.

toomuchtodo on May 25, 2016 [–]

Have details on this? My understanding is that Japan's unemployment rate is between 3.3 and 3.5 percent.

kevin_thibedeau on May 25, 2016 | [–]

Unemployment is low because of the make-work programs that hide reality.

toomuchtodo on May 25, 2016 | | [–]

Can you provide citations or relevant links to where I can find information on these make-work programs?

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