May 23, 2011

Japanese customers saw 740,000 manufacturing jobs dissapear in 2009

“About 740,000 Japanese manufacturing jobs disappeared last year through November, the statistics bureau said. More than a third of factory capacity sits idle, trade ministry figures show… industrial output is 19.8 percent below its prerecession peak, with the country shipping 35 percent fewer goods in November than the peak of ¥7.6 trillion ($82 billion) in March 2008. "

Source: Manufacturing exodus overseas leaving prefecture hollowed out
By JASON CLENFIELD
Bloomberg
The Japan Times: Monday, Jan. 11, 2010
http://search.japantimes.co.jp/print/nb20100111n2.html

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