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What is Happening in Japan's Labor Market?

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| March 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Journal of Japanese Trade & Industry (JJTI))

Byline: Inoki Takenori

Changes in the Japanese-style employment system have long been debated. It is natural for a country to reflect on itself and move to re-examine its established practices and systems when its economy and corporate management come to a standstill. This is because no country can survive severe economic and business competition unless it adjusts its systems accordingly in response to changes in the external environment and conditions.

There is an important step which must be taken before examining reform of systems and practices. In Japan's case, this is to accurately ...

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