• Kyodo News

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Representatives of the government, employers and workers have drafted an agreement for promoting Japanese-style work-sharing to maintain jobs during the recession, sources said Thursday.

Prime Minister Taro Aso, Japan Business Federation (Nippon Keidanren) Chairman Fujio Mitarai and Japanese Trade Union Confederation (Rengo) President Tsuyoshi Takagi are scheduled to meet Monday to adopt the accord.

This will be first time in seven years the three parties have forged an agreement on employment since they reached a pact that defined work-sharing in March 2002.

The draft says the three parties should cooperate in stabilizing and creating jobs.

Japanese-style work-sharing is defined as an effort to maintain employment through employee leave, overwork reduction or transfers.

The draft urges the government to expand subsidies to companies that preserve jobs through leave and other measures and use fiscal expansion and tax incentives for creating jobs in priority areas.

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