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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Autori principali: Genda, Y, Rebick, M
Altri autori: Oxford Review of Economic Policy Ltd.
Natura: Journal article
Lingua:English
Pubblicazione: Oxford University Press 2000
Soggetti:
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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.
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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
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