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JAN 11, 2013 - Business Insider

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Japan's Latest Stimulus Could Create 600K Jobs

This week, Japan approved a ¥10.3 trillion fiscal stimulus package.  That translates to around $116 billion dollars. And that's definitely going to have a material impact on growth. Here's Societe Generale economist Kiyoko Katahira: Abe’s stimulus package to push up GDP by 2% and create 600 thousand new jobsThe Japanese Cabinet office on Friday approved emergency economic stimulus measures amounting to 10.3 trillion yen, equivalent to some 2.2% of GDP. The total package is worth some 20 trillion yen, including projects by local governments and private companies. The ... Read More

Tags: Japan's Latest Stimulus Could Create 600K Jobs,  Societe Generale Latest News