AI looms over Japan's near-record employment rate for new grads

Companies weigh hiring cutbacks from next year amid ongoing labor shortage

Students head to a job fair in the city of Chiba to kick off job-hunting season. (Photo by Sae Kamae)

TOKYO/KYOTO, Japan -- Students graduating from Japanese universities benefited from a strong job market again this year, government data released Friday shows, though how long this seller's market will continue remains unclear as more companies adopt artificial intelligence.