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Nikkei: Japan’s 2010 graduates looking at fewer job options

March 16, 2009
By Ken Worsley


Although it’s still early to accurately predict 2010 hiring figures, a Nikkei survey published today shows that job hunting university students might have something to worry about. According to the newspaper, major firms in Japan intend to hire 12.6% fewer university graduates in 2010.

The largest declines in expected new hirings are amongst exporting manufacturers, with automobile producers and autoparts makers looking to cut back hiring by 30.1% and electronics firms by 22%. Overall, manufacturers reported expected hiring cuts at 17.4%, while the figure for non-manufacturers stood at 10%.

If these hiring cuts actually do happen, 2010 would be the first time in seven years that a reduction in new hires at Japanese firms would be seen.

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Comments

One Response to “Nikkei: Japan’s 2010 graduates looking at fewer job options”

  1. Ao on January 20th, 2010 8:44 pm

    Evidently, China is at fault. I hope a domino effect doesn’t befall Japanese. economy. If so, the United States will end its rehabilitation of the Nihon and enforce its stragetic plan B - India.

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