Looking back at long-term trends in Japan's labor market, a major characteristic is that the number of non-regular employees has increased over the past three decades or so. Since wages of non-regular employees are generally lower than those of regular employees, the increase in the share of non-regular employees has pushed down average nominal wages in Japan, curbing their growth.
5 billion from private capital markets, establishing that microfinance may not be that risky as a business proposition, and  •  Most of all, the facility has engaged 16 commercial banks and recently retail investors in funding the microfinance providers.