Headline September 06, 2018/ '' 'IMMIGRATION -JAPAN'S- IMMERSION' ''

'' 'IMMIGRATION -JAPAN'S- IMMERSION' ''

DEMAND FOR FOREIGN workers is more than likely to soften Japan's immigration rules just as Trade Clouds began a searing review of Outlook.

Japan's economy shrank an annualized 0.6 percent in the first quarter, though many analysts expect growth to bounce back on solid exports and capital expenditure.

Before the latest contraction, the economy benefited from global exports boom that continues to underpin a synchronized uptick in world growth.

Core consumer prices rose 0.7 percent in April from a year earlier, slowing for the second straight month, casting doubt on the Bank of Japan's view a solid recovery will prompt firms to raise wages and help accelerate inflation to its 2 percent target.

THE BANK OF JAPAN maintained its ultra-loose monetary policy on Friday last and downgraded its view on inflation in afresh blow to its lo its long-held-

2 percent price goal, further complicating the central bank's path to rolling back its crisis-era stimulus.

Markets are on the lookout for close from Bank of Japan Governor Hendriko Kurod's post meeting briefing on how long the central bank could hold off on whittling down stimulus given recent disappointingly weak price growth.

As widely expected the Bank of japan kept its short-term interest rate target at minus 0.1 percent and a pledge to guide 10 year government bond yields around zero percent.

Loopholes : The number of all types of foreign workers in Japan has risen steadily in recent years to  1.28 million - about 1 percent of the population - more than doubling from 486,000 in 2008.

The biggest increases have come in two categories : Foreign students, who are permitted to work 28 hours a week, and those on a technical intern programme, which lasts up to five years before participants must return home.

Many trainees see such internships as a way to earn more money than they would at home, while Japanese businesses often hire them   to do undesirable jobs that are hard to fill.

The new permits are meant to bring more workers into that pool and have been applauded by the  Japan Chamber of Commerce and Industry, a group of small and medium-sized businesses that have been hit hardest by the crunch. 

Surveys shows public attitudes are gradually more accepting of foreigners.

A 2017 survey of public broadcaster NHK showed that 51 percent of respondents said restrictions on  foreign workers should be maintained at current levels, down slightly from 56 percent in 1992.

But amongst many Japanese, worries persist.............
''The image I have is that, they might make the ''city dirtier, like spraying graffiti, or throwing trash,'' said Yoki, a woman in her 40s, who lives in Tokyo.

If they were doing more highly skilled work that would enhance Japan's economy, I'd be in favor of that. Bur I am worried about bringing in blue-collar workers.''

A best selling book published last year : ''Chronology of the Future,'' captured many people's fears. Author Masashi Kawai, a journalist with the conservative Sankel newspaper, said Japan should transform into a compact and more efficient country rather than immigration rules.

''The acceptance of a large number of immigrants in European countries has brought about such turmoil as terror attacks, riots and anti-immigrant movements,'' he wrote.
An unprincipled acceptance of foreigners will create a social divide in Japan, too.''

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