Japan aims to cut joblessness by 20% over five years: Nikkei

(REUTERS) - The Japanese government seeks to reduce long-term joblessness by 20 per cent over five years to levels before the global financial crisis, the Nikkei reported.

The world's third-largest economy plans to reduce the number of people who have been unemployed for more than 27 weeks to about 1.22 million from last year's average of 1.51 million, the Japanese daily reported.

As part of its growth strategy, which will be announced in June, Japan aims to increase the rate of job changing to 9 per cent from the current 7 per cent, the paper said.

The number of farmers below the age of 40 will be doubled to 400,000 in a decade and the government plans to boost tourism by relaxing visa regulations, more than trebling spending by foreigners in 2030, the Nikkei reported.

The government expects healthcare jobs to rise four times by 2030 as the market expands, the paper said.

Join ST's Telegram channel and get the latest breaking news delivered to you.