The Effects Japan Crisis Have on the U.S. Workforce

Topics: Toyota, 1973 oil crisis, Honda Pages: 2 (732 words) Published: June 16, 2011
The Effects Japan Crisis Have On the U.S. Workforce
Kyla Marshall
Hinds Community College

There are many effects that the Japan crisis have on the U.S. workforce. I will only briefly talk about three points which are unemployment, transportation, and technology. All of these three points tie in together to make specific point, Japan is an important U.S. economic partner.

The Effects Japan Crisis Have On the U.S. Workforce
“The earthquake, tsunami and the nuclear incident have been the biggest crisis Japan has encountered in the 65 years since the end of World War II. We're under scrutiny on whether we, the Japanese people, can overcome this crisis." -- Prime Minister Naoto Kan. On Friday March 11, a massive 8.9 magnitude quake struck near Japan's east coast and was followed by a overwhelming tsunami, which wiped out swathes of the country's coastline. The deadly tidal wave also knocked out several reactors at the Fukushima nuclear power station, giving the world its biggest nuclear crisis since Chernobyl in 1986. This went from devastating earthquake to major nuclear crisis.

One of the effects the Japan crisis has on the U.S. workforce is unemployment. It has triggered temporary layoffs at two General Motors plants due to supply problems created in Japan. General Motors was the first American automaker to shut a plant down due to the string of disasters in Japan. The automakers laid off 59 of the 623 employees. According to Japan Today, Yamaha Motor Co will downsize five plants in Japan, close two factories abroad and let go 1,000 workers both at home and abroad between this year and 2012. Yamaha announced Feb 5 an early retirement plan for 800 Japanese workers and 200 more jobs will be cut in the United States. Another effect the Japan crisis has on the U.S. workforce is transportation. This is very much needed to get to the workplace. Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. shut down production in Japan after the...
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