Faced with a dwindling population and severe labor shortage, Japanaims to attract more foreign workers, but a rapidly depreciating yen and lackof rights stand in the way.
"Japanneeds to compete for foreign workers against other developed Asian nations -the weakening yen won't make the country any more attractive" said CesarV. Santoyo, a former priest who worked with migrants in Hong Kong beforefounding SOLS, a non-profit organization that retrains Filipino women living inJapanas English teaching assistants.
The yen has been in a downward spiral sincePrime Minister Shinzo Abe introduced a series of fiscal and monetary stimulusmeasures to spur the economy in 2013. The U.S. dollar is near a seven-year highagainst the yen, up around 40 percent since Abe took office in December 2012.
A weaker yen makes yen-based wages lessattractive to workers that plan to make remittances to family members backhome.自然生态