3: Japan

Japan’s unemployment rate has recently fallen to a six year low of 3.6 percent, yet inflation has increased in order to counter deflation in Japan following the implementation of “Abenomics.” On a high note, the Prime Minister of Japan’s economic policies seems to be succeeding in jump starting the Japanese economy. This could lead to Japan lowering its unemployment rate even further and increasing its economic growth even as it recovers from the tsunami that devastated the country’s energy industry and several coastal cities three years ago.

Although the Fukushima tsunami dealt a temporary setback to the Japanese auto industry and power grid, they have now recovered and are poised to expand rapidly in the next few years.