Japan has a mixed economy modeled after the US and Germany. The population is over 127 million. The head of state is Emperor Akihito and the prime minister was Taro Aso from the Liberal Democratic Party but is switching to Yukio Hatoyama from the Democratic Party. Major industries include motor vehicles, electronics, machine tools, steel, ships, and chemicals. The GDP is $4.924 trillion and the unemployment rate is 4%. Agriculture makes up 4.4% of the labor force, industry 27.9%, and service 66.4%.