ET Commentary

View: For better jobs, don’t just look West, look to places like Japan

View: For better jobs, don’t just look West, look to places like Japan
Agencies

Go Tokyo

Synopsis

Demographers use the term 'demographic dividend' to describe the economic benefits that a country enjoys from its large young population. India has one of the world's largest reservoirs of youth. Yet, it has caused us to worry about unemployment rates and stagnant wages. Many want to go to the West for better jobs and higher salaries. But there are largely unexplored opportunities in the East.

By , ET CONTRIBUTORS
6 mins read, Last Updated:
A substantial part of India's demographic dividend lies outside its shores, in countries like Japan, with shrinking working age and rising elderly populations. To encash this dividend, we need concerted initiatives and investments to upgrade the skills of Indian workers that are specifically required in these countries. This is an excellent opportunity for staffing companies to liaise between Japanese firms and Indian workers, train Indian

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