This is the research made by the Japan Institute of Labor Policy Training Centre. They said,

under the zero-growth scenario, the number of workers in 2017 was 65.3 million, but is expected to reach 58.80 million in 2030. It is calculated that the labor force of 7.22 million people will be insufficient for the current job demand. In this article, we call the number of total job positions as demand, and the number of workers as the supply.

In 2019, the supply of Tokyo prefecture was 79.2, and the gap has got wider than 2017. However, we do not believe that such huge labor shortage happens. The research took the assumption: the labor demand remains same as we were in 2017. Now, probably many of you have been aware, the industry structure has been changing. No intermediate functions and people can get benefit by shifting to direct marketing and to e-commerce. Considerable amount of jobs would disappear under such assumption.

 

We-Work is a good example. Their business model itself was good however, they made huge mistake in pricing. The We- Work is a company where some of the administrative fees occurred under the standard business operation can be switched to others through net working, marketing and communication fee. If this phenomena is promoted more, we will not have a huge drop in work force.