In Japan’s Countryside, Century-Old Firms Learn to Embrace Foreign Workers

Published On Oct 3, 2024, 12:00 AM

Japan is facing significant labor shortages due to a shrinking and aging population, pushing companies to hire foreign workers. Many small and medium-sized businesses, particularly in rural areas, are beginning to rely on foreign labor as they struggle to find domestic employees. The transition to employing more foreign workers is imperative for the survival of these companies, some of which haven’t hired foreigners before. Experts state that without foreign workers, many regional businesses would fail.

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The trend towards increasing foreign labor in Japan indicates a structural shift in the labor market, which could lead to growth in companies adapting successfully to this change. Companies investing in cultural integration and support systems for foreign workers may outperform their competitors.

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In Japan’s Countryside, Century-Old Firms Learn to Embrace Foreign Workers

Oct 3, 2024, 12:00 AM

Japan’s regional economies are facing severe labor shortages. Their survival depends on their ability to persuade foreign workers to stay.

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