Japan must quadruple foreign workers by 2040 to meet growth target – report

Published by
Reuters

By Kantaro Komiya TOKYO (Reuters) – Japan needs about four times more foreign workers by 2040 to achieve the growth path the government has outlined in its economic forecast, a group of Tokyo-based public think tanks said on Thursday. The findings highlight a growing Japanese reliance on migrant labour to make up for a shrinking population while its ability to attract overseas talent has been thrown into questioned by strict COVID-19 border controls that have shut out students and workers. Japan must boost the number of foreign workers to 6.74 million by 2040 to sustain average annual economic…

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