COVID-19 and Japan’s shifting labour market flexibility

24 Aug 2021 18:03 | JHRS (Administrator)

The Japanese labour market has undergone significant change since the early 2010s when the baby boomer generation began to retire, expanding opportunities for women, the elderly and other groups. But COVID-19’s economic impact is challenging the gains of the past decade. The employment rate has reversed its upward trend, declining along with salaries and hours worked, while unemployment rose from 2.4 per cent in 2019 to 2.9 per cent in June 2020.

Source: https://www.eastasiaforum.org

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