Jan 10, 2017

Redefining the 'elderly' age

As the rapid graying of Japan’s population continues, a proposal has been made to redefine the “elderly” age to be in line with people’s changing perceptions as to when their golden years begin. In the face of mushrooming social security costs in an aging ...

Major Japanese firms' winter bonuses up for fourth straight year

Dec 22, 2016

Major Japanese firms' winter bonuses up for fourth straight year

Winter bonuses at Japanese companies employing more than 500 people averaged ¥880,736 ($7,500), up 0.02 percent from the previous year and rising for the fourth straight year, the country’s major business lobby said Wednesday. Winter bonuses at Japanese manufacturers averaged ¥900,490, up 0.47 percent ...

31.9% of new graduates quit first job within three years

Oct 25, 2016

31.9% of new graduates quit first job within three years

A government annual survey has found that 31.9 percent of people who started work just after graduating from a university in March 2013 left their job within three years, the labor ministry said. The figure fell 0.4 percentage point from last year’s survey for ...

Sep 15, 2016

Fukoku Life to give 400 nonregular staff regular status

Fukoku Mutual Life Insurance Co. will give regular employee status to about 400 female nonregular administrative staff at its regional sales offices from October, informed sources told Jiji Press on Thursday. Following the status change, their annual salaries will rise 7.4 percent, or some ...

Jul 29, 2016

Japan's jobless rate hit 21-year low of 3.1% in June

Japan’s unemployment rate fell to 3.1 percent in June, the lowest level in nearly 21 years, government data showed Friday, highlighting companies’ willingness to hire more people in a tight labor market. The improvement in three months came as separate data showed the country’s ...

Panel agrees to boost Japan's minimum hourly wage by ¥24

Jul 27, 2016

Panel agrees to boost Japan's minimum hourly wage by ¥24

A government advisory panel on Tuesday agreed to recommend raising the country’s average minimum hourly wage by ¥24, or 3 percent, for fiscal 2016. The increase will bring the average minimum hourly wage to ¥822 for the year that started in April. This marks ...

Jul 7, 2016

9.5% of all young people in Japan not working or studying: OECD

Youth not in education, employment or training accounted for 9.5 percent of all young people in Japan last year, below the global average of 14.6 percent, the Organisation for Economic Co-operation and Development said Thursday. The figure for Japan was the seventh-lowest among the ...