For many decades it was common in Japan for workers to be granted lifetime employment, at least in the manufacturing sector. What impact do you think this had on the unemployment rate in Japan had this unwritten policy rule by corporations not been in effect? Is this necessarily an efficient economic policy?

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The Answer of For many decades it was common in Japan for workers to be granted lifetime employment, at least in the manufacturing sector. What impact do you think this had on the unemployment rate in Japan had this unwritten policy rule by corporations not been in effect? Is this necessarily an efficient economic policy?

For Many Decades It Was Common in Japan for Workers