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State of the Japanese economy

Posted on Saturday 6 December 2008

As a returning visitor I want to thank you for your interest.Thanks for visiting!

There were talks of inflation at the end of summer in Japan. Some were quick to jump to the conclusion that this was desirable outcome. But this inflation was driven by outside force, namely the price of imports such as oil. So while the cost of goods increased, people’s salaries did not. This wealth such went outside of Japan. And now that Japan is in a confirmed recession one has to wonder about living in Japan. You wish to be an English teacher? Thing are not like they used to be. With the demise of Nova, a surge of qualified teacher hit the streets. Combined with a demonstrated reduced interest in learning English and you have one of the worst time ever to go to Japan. With the Japanese Yen (JPY) at an all time high it seems risky to plan a move until the end of 2009. Even Yamasa, the school I attended still has opening this late before the start of the new semester of spring 2009 in the AIJP program. How will you be able to sustain yourself? Can you put this burden on your families? You are better staying at home.


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