Japanese labour in the 1990s: stability and stagnation
We review the state of the labour market and employment practices in Japan over the past 15 years and try to evaluate the nature of the changes that have been occurring. We also look at how government policy has reacted to the conditions in the labour market and what implications this has for the fu...
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Natura: | Journal article |
Lingua: | English |
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Oxford University Press
2000
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_version_ | 1826273232039182336 |
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author | Genda, Y Rebick, M |
author2 | Oxford Review of Economic Policy Ltd. |
author_facet | Oxford Review of Economic Policy Ltd. Genda, Y Rebick, M |
author_sort | Genda, Y |
collection | OXFORD |
description | We review the state of the labour market and employment practices in Japan over the past 15 years and try to evaluate the nature of the changes that have been occurring. We also look at how government policy has reacted to the conditions in the labour market and what implications this has for the future. Although there has been a continual shift of resources away from manufacturing and agriculture into services, employment practices have not been changing so rapidly, and job protection is actually stronger. This, along with wage restraint, accounts for why unemployment has only increased by some 2.5 percentage points during almost a decade of stagnation. We also note that much government policy has acted to maintain existing employment practices and that labour economists are divided as to whether or not this is a good thing. |
first_indexed | 2024-03-06T22:25:03Z |
format | Journal article |
id | oxford-uuid:5665ae51-c8a6-4bf7-8e5b-a57e24a85f36 |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T22:25:03Z |
publishDate | 2000 |
publisher | Oxford University Press |
record_format | dspace |
spelling | oxford-uuid:5665ae51-c8a6-4bf7-8e5b-a57e24a85f362022-03-26T16:49:56ZJapanese labour in the 1990s: stability and stagnationJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:5665ae51-c8a6-4bf7-8e5b-a57e24a85f36AsiaEmploymentEconomicsEnglishOxford University Research Archive - ValetOxford University Press2000Genda, YRebick, MOxford Review of Economic Policy Ltd.We review the state of the labour market and employment practices in Japan over the past 15 years and try to evaluate the nature of the changes that have been occurring. We also look at how government policy has reacted to the conditions in the labour market and what implications this has for the future. Although there has been a continual shift of resources away from manufacturing and agriculture into services, employment practices have not been changing so rapidly, and job protection is actually stronger. This, along with wage restraint, accounts for why unemployment has only increased by some 2.5 percentage points during almost a decade of stagnation. We also note that much government policy has acted to maintain existing employment practices and that labour economists are divided as to whether or not this is a good thing. |
spellingShingle | Asia Employment Economics Genda, Y Rebick, M Japanese labour in the 1990s: stability and stagnation |
title | Japanese labour in the 1990s: stability and stagnation |
title_full | Japanese labour in the 1990s: stability and stagnation |
title_fullStr | Japanese labour in the 1990s: stability and stagnation |
title_full_unstemmed | Japanese labour in the 1990s: stability and stagnation |
title_short | Japanese labour in the 1990s: stability and stagnation |
title_sort | japanese labour in the 1990s stability and stagnation |
topic | Asia Employment Economics |
work_keys_str_mv | AT genday japaneselabourinthe1990sstabilityandstagnation AT rebickm japaneselabourinthe1990sstabilityandstagnation |