Takayuki Sueyoshi, senior economist at Daiwa Institute of Research in Tokyo. Backlogs in factory and commercial building projects are piling up across Japan, with unfilled orders soaring to an all-time high of more than 15 trillion yen. The construction slowdown, fueled by a chronic labor shortage, has intensified since last year, when new overtime limits further strained the sector's already thin workforce.
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quote of the day
Japan's construction industry has been slow to adopt IT, largely because the sector is dominated by smaller companies.
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kohakuebisu
I don't know about how important IT is in commercial builds, but expect more labour shortages going forward.
For all the doom and gloom we hear about the economy, its good to know there is lots of demand for commercial buildings.
Castaway
Always a convenient excuse.
Always...