Download or read book Sectoral Shifts and Unemployment in Japan written by Masao Nishikawa and published by . This book was released on 1989 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sectoral Shifts and Unemployment in Japan written by and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Xii, 153 leaves, bound ill. 29 cm.
Download or read book To Fire or to Hoard Explaining Japan s Labor Market Response in the Great Recession written by Mr.Masato Nakane and published by International Monetary Fund. This book was released on 2011-01-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by international standards and small relative to the large output shock. This paper explores Japan’s cyclical labor market response to the global financial crisis. Our findings suggest that: (i) employment responsiveness has been historically low but rising over time with the increasing importance of the non-regular workforce; (ii) the labor market response was consistent with historical patterns once we control for the size of the output shock; and (iii) the comparatively lower employment response vis-à-vis other countries can in part be explained by the quick implementation of an employment subsidy program, a more flexible wage system, and a corporate governance structure that places workers rights above shareholders.
Download or read book The Changing Japanese Labor Market written by Akiomi Kitagawa and published by Springer. This book was released on 2018-03-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reappraises the Japanese employment system, characterized by such practices as the periodic recruiting of new graduates, lifetime employment and seniority-based wages, which were praised as sources of high productivity and flexibility for Japanese firms during the period of high economic growth from the middle of the 1950s until the burst of bubbles in the early 1990s. The prolonged stagnation after the bubble burst induced an increasing number of people to criticize the Japanese employment system as a barrier to the structural changes needed to allow the economy to adjust to the new environment, with detractors suggesting that such a system only serves to protect the vested interests of incumbent workers and firms. By investigating what caused the long stagnation of the Japanese economy, this book examines the validity of this currently dominant view about the Japanese employment system. The rigorous theoretical and empirical analyses presented in this book provide readers with deep insights into the nature of the current Japanese labor market and its macroeconomic impacts.
Download or read book Is Labor Market Mismatch a Big Deal in Japan written by Mr.Ippei Shibata and published by International Monetary Fund. This book was released on 2013-09-18 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its low unemployment rate, the recent shift in the Japanese Beveridge curve indicates increased labor mismatch. This paper quantifies the age, employment-type (full or part-time), and occupational mismatch in the Japanese labor market following Sahin and others (2013). Between April 2000 and April 2013, the age mismatch has steadily declined while the occupational and employmenttype mismatch has shown a countercyclical pattern, showing a sharp increase during the global financial crisis. Occupational mismatch accounted for approximtely 20-40 percent of the recent rise in the unemployment rate in Japan. The magnitude was comparable to that of the U.K. and the U.S.
Download or read book Unemployment in Japan Causes Effects and Ways to Overcome written by Bandar Hezam and published by GRIN Verlag. This book was released on 2023-02-24 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Economics - Job market economics, , language: English, abstract: The unemployment rate is commonly used for understanding conditions in the labor market. The labor market is the term used by economists about the supply of labor and demand for labor. The unemployment rate also provides on how the economy is performing more generally. Unemployment occurs when someone is willing to work but does not have a job. The unemployment rate is the percentage of people in the labor force who are unemployed. To measure the unemployment rate, it requires to identify the labor force. The labor force includes people who are either employed or unemployed. The number of unemployed in April 2020 was up by 60,000 and the unemployment rate rose to 2.6% percent. It happens that during the pandemic the unemployment rate in Japan has not been as serious as in other advanced countries by averaging just 2.8% percent in 2020 in Japan. Below, the graph shows the statistics for the unemployment rate in Japan from 1999 to 2021. Japan unemployment rate was at level 2.8% in 2021, unchanged from the previous year. Japan is one of the leading countries with economic factors such as agriculture, fishing, manufacturing, and tourism among others. Japan’s GDP per sector is as follows, Services 71.4%, Industry 27.4%, and Agriculture 1.2%. Japan is the third largest economy in the world after the United States and China. Japan is the fourth largest export market after the United States, China, and Germany. Japan has close ties with the United States, European Union, Latin America, Australia, China, and many other countries. Its unemployment rate is lower than other leading countries on level 2.8%. The Japanese hard-working ethics are recognized around the world. It is inseparable from a solid dedication to the organization and to do the job that needs to be done. Competition among coworkers and devotion to the organization are normal and encouraged. The Japanese language even has its own term for sudden death from being exhausted working called "KAROSHI".
Download or read book Sectoral Shifts Costly Mobility and Aggregate Unemployment written by Lucie Samson and published by . This book was released on 1987 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Structural Change and Labor Market Adjustment written by Robert W. Bednarzik and published by . This book was released on 1988 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Japanese Employment System written by Haruo Shimada and published by . This book was released on 1980 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Did Japan Achieve a 1 Unemployment Rate written by Makio Yamada and published by King Faisal Center for Research and Islamic Studies (KFCRIS). This book was released on 2017-12-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan was once a country that suffered from slow progress in its economic diversification away from agriculture. While the country modernized rapidly after 1868, the problem of a skills mismatch between education and industry remained throughout the first half of the 20th century. With a large number of educated but jobless citizens, youth unemployment continued to be a major economic problem. Nevertheless, a few decades later, the country developed a productive workforce harnessing its “youth bulge” demographics and succeeded in building competitive export-oriented manufacturing industries. During the 16 years between 1960 and 1975, in which the country’s GDP per capita grew almost tenfold, Japan achieved a consistent unemployment rate of 1%. This paper analyzes how Japan facilitated an education-to-employment transition of its young citizens, thus realizing the effective allocation of human resources to new industries. It identifies three elements of success in particular, which may offer useful insights to policy-makers in today’s emerging economies who are faced with the problem of unemployment. First, Japan overcame the problem of a skills mismatch not by directly addressing the problem itself, but rather by building a system which brought about the matching of “expectations”. The government created institutional linkages between educational bodies and private firms through the Employment Stabilization Offices. These linkages provided young job-seekers with knowledge of the existing labor demand, and helped them in adjusting their career expectations in accordance with the situations in the labor market, while simultaneously enabling private firms, especially small and medium-sized enterprises (SMEs), to recruit from the workforce across the country. Second, substantial teaching of job-oriented knowledge and skills was carried out by private firms, in the form of in-firm training programs for new and early-career employees. With some exceptions, the Japanese government’s early attempts to develop public industrial education did not succeed because of the absence of mechanisms to feed skills requirements in new industries into school curricula. On the other hand, the government’s support to private firms through training subsidies effectively alleviated the concerns of private firms, especially SMEs, which had been hesitant about investing in training due to their fear that they would be unable to recoup the training costs. Third, while the education sector itself was not sufficiently capable of narrowing the skills mismatch itself, the school curricula nonetheless contributed to the “trainability” of young citizens. In particular, the emphasis on work ethic, through the Confucian idea of kō, or filial piety, imbued children with the virtue of diligence – a belief that working hard is good in itself. This type of education is considered to have created a pool of potentially productive workers, although the harnessing of that potential required economic institutions that offer incentive systems. Finally, the paper discusses whether this Japanese experience is transferable to the context of today’s emerging economies – in particular, Saudi Arabia. It concludes that the Japanese experience can, at least, provide them with useful insights and contribute to the building of the local capacity of “policy learning”. Some policies would appear to be easier to implement today owing to the progress in IT and AI, while other policies are likely to require tailored supportive measures to localize the practices.
Download or read book Macroeconomics and the Japanese Economy written by Hiroshi Yoshikawa and published by Oxford University Press, USA. This book was released on 1995 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work proposes a new approach to macroeconomics which draws upon the experience of the Japanese economy. The approach is similar to the Old Keynesian view: it rejects the Walrasian approach, and singles out real demand as the fundamental determinant of output in the economy as a whole. However, by maintaining that real demand constraints are important not only in the short-run, but in the long-run as well, it goes beyond what is normally understood as the Keynesian approach. It is also very different from the New Keynesian Economics; in particular, it regards the rigidity of nominal wages/prices as of secondary importance. The work is extensively illustrated by almost 200 figures and tables of data.
Download or read book The Japanese Employment System written by Marcus Rebick and published by OUP Oxford. This book was released on 2005-06-02 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stagnation of the Japanese economy and the ageing of Japanese society has led to major changes in the labour market in Japan. This comprehensive study looks at how the Japanese employment system is adapting to its new economic environment. Using the latest statistical evidence, the book focusses on the growing use of part-time and other forms of atypical employment relationships and illustrates how this is expressed in several different parts of the labour market. Particular attention is given to the changing situation of women, the decline of the family enterprise, the problems faced by older workers and the poor prospects for recent high school graduates. The recent rise in unemployment, including hidden unemployment is analysed. Relations between management and employees in Japanese corporations are also becoming more individualistic with the introduction of performance-related pay and the declining importance of enterprise unions. As a result of these changes, the future may see rising levels of income inequality. The Japanese labour force is declining with the ageing of the population and Japan's ability to cope is examined with special attention given to immigration policy. This book will be of interest to anyone interested in what is happening today in Japan and what the possibilities are for the future.
Download or read book Unemployment Crisis written by Brian Kenneth MacLean and published by McGill-Queen's Press - MQUP. This book was released on 1996 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguing that Canada's unemployment crisis could have been avoided with better government policies, particularly less restrictive monetary control, contributors examine the effect of the Bank of Canada's zero-inflation policy and the role of unemployment insurance on the crisis of recent years. Analysis also includes discussion of unemployment in France, Germany, and Japan. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book International Comparisons of Unemployment written by United States. Bureau of Labor Statistics and published by . This book was released on 1978 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employment Policies of the United States and Japan written by United States. Department of Labor and published by . This book was released on 1969 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report of the joint united states-japan employment study on various employment policies in the USA and Japan - covers the effect of technological change on the occupational structure and the industrial structure, labour demand and labour supply, underemployment, unemployment, labour administration, employment opportunities (incl. For older workers, disabled workers, the woman worker, etc.), vocational training needs, apprenticeship, etc. Statistical tables.
Download or read book Labor Markets in the Global Economy written by Erich Gundlach and published by . This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The strikingly different labor market performance of major industrial countries suggests that neither globalization nor skill-biased technological change necessarily result in rising unemployment or declining wages of low-skilled workers. Rather, globalization and technological change cause labor market problems in those economies that fail to adjust sectoral production structures in accordance with their comparative advantages. Labor market outcomes in Germany - especially when compared with the United States - suggest that high unemployment is the price for insufficient wage flexibility. However, the experience of Japan and the United Kingdom points to missing links in the debate on labor market effects of globalization and skill-biased technological change. In Japan, both unemployment and wage disparities remained low. The contrasting experience is provided by the United Kingdom, where the rising wage gap did not prevent high unemployment of low-skilled workers. All major industrial countries have been confronted with fiercer import competition and outsourcing in low-skill labor-intensive industries. But the response to this common challenge has different remarkably. Japan has outperformed its major competitors in restructuring manufacturing employment towards more sophisticated lines of production, and in achieving an appropriate pattern of trade specialization. Hence, structural change is the key to avoid labor market problems in the era of globalization. Different labor market outcomes are closely related to differences in the rate of factor accumulation, which comprises physical, human and technological capital. Especially industrial countries currently plagued with high unemployment have little choice but to forego consumption today in order to improve future real incomes and employment opportunities of lowskilled workers. Thus, successful structural change does not come for free.
Download or read book Employment unemployment written by United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government and published by . This book was released on 1980 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
