Yes, but low unemployment comes at a price.<p>Most domestic companies are shielded from competition, and can employ many more people than they should. These companies are backed by the central bank (BoJ), which has been printing money left and right, and now owns more than half of the nation’s market for exchange-traded stock funds[1].<p>[1] <a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2015-10-28&#x2F;owning-half-of-japan-s-etf-market-might-not-be-enough-for-kuroda" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2015-10-28&#x2F;owning-hal...</a>