It was partly due to more people voluntarily leaving to look for better jobs as wages are rising, as opposed to companies laying off workers.
More Quotes from Naokizuka :
If the BOJ fails again like it did in 2000, this could be a fatal blow to the credibility of Japanese monetary policy.Naokizuka
The inventory adjustment in the technology sector is coming to an end and will finish as exports to China start picking up. The leading index should be able to maintain a level over 50 percent in the coming months.
Naokizuka
Japan is in the final stage of overcoming deflation as confirmed by today's core price numbers, and they will achieve stable gains in the first quarter. The chance that the bank will take action in April is growing.
Naokizuka
An end to deflation would strengthen the world's second-largest economy and enable Japan to shoulder part of the burden of the U.S., which has been the sole locomotive for global growth since the 1990s.
Naokizuka
The central bank has said it wants to assess a price trend averaging over a few months, and if it waits until April, it can confirm more solid increases. That will back up the bank's case that they expect consumer prices to show stable gains.
Naokizuka
This time, the price rises are for real.
Naokizuka
Readers Who Like This Quotation Also Like:
Follow your instincts. That's where true wisdom manifests itself.Oprah Winfrey
It doesn't have anything to do with yesterday or tomorrow, it's all right now.
Billy Higgins
There are movements which impinge upon the nerves with a strength that is incomparable, for movement has power to stir the senses and emotions, unique in itself.
Doris Humphrey