Business Information

The 2011 Japanese financial market has undergone tremendous improve despite the several catastrophes they have undergone throughout the year.  Even though there has been complains that the financial industry is way below meeting the demands of the Chinese people; the banks have otherwise received a pat on the back at the increase in their lending rates.   This they have done through increase lending to un-profitable organizations to keep them going.

Currently, Japan Yen has notably continued to be steady despite the several markets strategies around it.  This has made Japan one of the most stable countries around its neighbors.   With the year coming to an end, the Tsunami that hit the Northern Japan had a great impact on its financial awareness.  A lot of repairs have to be done on both the factories, homes and even the infrastructure was destroyed.  This has dragged it back to many years back down the line.  The job ahead has been tremendous.

Rebuilding a country takes a lot of financial effort both on its citizens, neighbors and the world at large.  Even though donation was received, there is still more to be done which in essence has tremendously affected the overall financial standing for the 2011 period.  But all is not lost; there is definitely a light at the end of the tunnel for both the business and private business owners.   There has been tremendous improvement and the Yen has once again steadied up.

Comparing the 2010 financial market and the 2011, the latter has been tremendous and is still on its way to better gain.  This has been occasioned by the tremendous efforts put by the government and its central bank to bring a level ground and in a bid to close the increasing gap between the rich and the poor.  The gap here is worrying as the rich gets wealthier and the poor continues to labor on with no signs of a better future.  The central bank has also vowed to spend more money on some of the riskier ventures where they are sure of making tremendous impact on the economy.

It has become very clear that there is an adverse technician shortage in Japan.  This has been occasioned by several factors over the years.   This came out in the clear during the devastating Tsunami that hit Japan on the 11th of March, 2011.  A lot of companies realized that Japan did not invest in providing ample education for factory qualified technicians.  Most of the available technicians were those that learned from their on the job experience.

The workforce lacks trained technicians.  The second and most important point is that Japan employs most foreign technicians.  Some of these either left Japan after the Tsunami or were affected in one way or another and were unable to meet their required duties.    The number of technicians here includes lab technicians, auto technicians, computer technicians, and nuclear technicians amongst several others.

Japan rates at about 76% amongst the countries who do not boast of having enough skilled employees for required type of jobs.  This is quite high compared to the other countries that face similar predicaments when it comes to shortage of technicians.  This is what sometimes is referred to talents mismatch, and Japan has not been spared either.  Apart from Japan topping the list, research shows that this is a global occurrence.

It is important to be in the clear, shortages for technicians have not been wholly occasioned by the Tsunami and the Earthquake that hit Japan earlier this year.  There are other factors that have occasioned such decline in the number of available technical staff in most organizations.  The number one and most notable factor was the lack of mentorship by older technicians to their younger co-workers.  This has notably creates a big gap and a lack of technical staff in most organizations.

If this is not addressed immediately, there will be in the next few years a big margin.  Most of the old technicians have been recycled over the years and are growing old and might not be able to perform their duties effectively in the near future.  Japan has a whole as the arduous task of offering special training and offering the young general interesting opportunities to be able to join the technical teams at a younger age.