Shocking Rise in Corporate Bankruptcies in Japan Due to Labor Shortages and Inflation
Saturday, 6 July 2024, 06:59
Corporate Bankruptcies in Japan
The number of corporate bankruptcies in Japan surged to a 10-year high in the first half of 2024.
Labour Shortages and Inflation
The increase in bankruptcies is attributed to labor shortages and rising inflation affecting businesses.
Challenging Economic Environment
- Impact: The corporate failures involving significant debts highlight the tough economic conditions in Japan.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.