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COMMENTARY / World
Jun 4, 2004

Seoul's labor moves could destroy jobs

LUXEMBOURG -- Democracy everywhere increasingly involves politicians seeking short-run gains for themselves and small interest-groups while imposing large costs on most of the population. This trend toward cynical, zero-sum games is most evident in South Korea when it comes to the labor market. It is...
BUSINESS
Jan 10, 2002

Merrill Lynch to ax 20 branches

Merrill Lynch Japan Securities Co. said Wednesday it will drastically reduce its retail brokerage business in Japan, closing 20 of its 28 branches.
BUSINESS
Nov 15, 2001

Casio Computer to delete 3,000 jobs

Casio Computer Co. said Wednesday it will chop 3,000 jobs, about 17 percent of its group workforce, by March, after falling into the red in the first half of the business year.
BUSINESS
Sep 20, 2001

Mitsubishi Electric to ax jobs in wake of global IT slump

In a bid to cope with the slumping demand for information technology products, Mitsubishi Electric Corp. on Wednesday announced a midterm business plan that calls for cutting 2,000 jobs by the end of March 2003 and considering the possibility of a tieup in the cell phone business.
JAPAN
Aug 28, 2001

Toshiba to eliminate 17,000 jobs

Toshiba Corp. announced Monday it will slash 17,000 jobs in Japan -- 12 percent of its domestic workforce -- by the end of March 2004 amid the worldwide slump in the information technology sector.
BUSINESS
Aug 20, 2001

Fujitsu to slash 10,000 jobs in North America, Asia

Leading computer maker Fujitsu Ltd. plans to slash about 10 percent of its group workforce, or more than 10,000 jobs, at home and abroad as the main part of a restructuring plan designed to counter a slowdown in the information technology market, company officials said Sunday.
BUSINESS
May 30, 2001

MMC to cut up to 1,200 jobs

Struggling automaker Mitsubishi Motors Corp. said Tuesday it will introduce an early retirement program to phase out up to 1,200 jobs.
JAPAN / STAGING A COMEBACK
Jan 1, 2001

Carrying out reform is only the beginning for politicians

The final 10 years of the 20th century have been called a "lost decade" for Japan, which continues to suffer woes from the burst of the late-1980s bubble-economy. Japan's comeback as a globally competitive economic powerhouse will require fundamental reforms not only in the industrial and financial sectors...
JAPAN
Dec 25, 2000

Cabinet approves plan to cut 5,988 state jobs

The central government on Sunday decided to reduce its workforce to 817,202 by the end of March 2002 by shedding 23,701 jobs from March next year in a bid to streamline the administration, government officials said.
JAPAN
Oct 12, 2000

Number of disabled seeking jobs rises

The number of disabled people who are seeking jobs at public labor exchanges reached a record high of 128,915 at the end of August, compared with 126,254 at the end of March, according to the Labor Ministry.
JAPAN
Sep 7, 2000

Nursing plan created 12,000 jobs: industry group

The government's wage-subsidy program for nursing-care workers, launched in April when the state-run nursing-care insurance system for the elderly began, helped create about 12,000 new jobs through July, an industry group said Wednesday.
BUSINESS
Aug 9, 2000

6.23 million people lost or quit jobs in '99

Some 6.23 million workers, or 15 percent of Japan's workforce, lost or quit their jobs in 1999, down 0.1 percentage points from the previous year, according to the results of a Labor Ministry survey released Tuesday.
JAPAN
Jan 16, 2000

Tough town beaten to despair as jobs dry up

For 70-year-old Mikami, winter life on the streets of Tokyo has become so unbearable that flirting with a suicide fantasy has become his favorite pastime.
JAPAN
Dec 28, 1999

Full-time jobs still on the decline

The nation's unemployment rate improved in November to 4.5 percent from 4.6 percent in October, though the number of people holding full-time jobs fell for the 23rd consecutive month. Data released Tuesday by the Management and Coordination Agency showed the full-time picture is being obscured by the...
JAPAN
Jun 11, 1999

Jobs, extra budget packages slated for current session

The current Diet session will be asked to approve a supplementary fiscal 1999 budget and other legislation that would finance a package of job-creating measures and implement steps aimed at reviving Japan's industrial competitiveness, Chief Cabinet Secretary Hiromu Nonaka said Friday.
JAPAN
Aug 12, 1998

Nikkeiren pushes state to accelerate jobs program

The Japan Federation of Employers' Associations (Nikkeiren) on Wednesday called on Prime Minister Keizo Obuchi to speed up a government program to create 7.4 million new jobs in 15 sectors by 2010, according to Nikkeiren officials.
JAPAN
Apr 11, 1997

Osaka opens more jobs to foreigners

OSAKA -- The Osaka Prefectural Government has drawn up a report to allow about 70 percent of jobs related to civil engineering, architecture and hygiene engineering in the prefectural government to be opened to long-term non-Japanese residents.
Japan Times
COMMENTARY / Japan
Apr 30, 2023

Momentum grows over a 'just' climate transition in Japan, but more action needed

The government and NGOs have begun to engage with the climate issue, but more work needs to be done to ensure workers in high-emitting industries and regions don’t get left behind.
Japan Times
JAPAN
Apr 20, 2023

Japan steps up midcareer employment for central government offices

As some midcareer recruits struggle to adjust to work styles different from those in the private sector, however, support after employment is a key challenge.
Japan Times
BUSINESS / ANALYSIS
Feb 24, 2023

India wants a clean energy transition deal — and its coal too

Simultaneously beefing up both coal and renewables points to a messy energy transition for India, including the risk of job losses if some coal mines are abandoned.
Japan Times
BUSINESS / Tech
Feb 21, 2023

Tech layoffs cause havoc for Indian workers in the United States

Under the terms of their visas, workers who are laid off face the prospect of having to leave the country in 60 days.
Japan Times
BUSINESS / Economy / Longform
Feb 20, 2023

Unpacking Japan’s great wage conundrum

With inflation running at a four-decade high, the world’s third-largest economy’s famously stagnant salaries are finally showing signs of rising. Can the momentum be sustained?
Japan Times
BUSINESS / Companies
Feb 7, 2023

As layoff wave sweeps the tech sector, a clear target emerges: middle managers

The moves come as middle managers are under increasing pressure, enforcing return-to-office policies and navigating new hybrid work arrangements.
Japan Times
BUSINESS / Economy / Regional Voices: Hiroshima
Jul 17, 2023

Micron’s huge Hiroshima investment amid job cuts leaves unanswered questions

Micron plans to reduce its global workforce by 10% this year. In May, several hundred people are believed to have left the Hiroshima plant, which had about 3,700 workers as of last November.
Japan Times
ASIA PACIFIC
Jun 23, 2023

Pakistan's economic meltdown spurs more people to risk lives to reach Europe

Cash-strapped Pakistan's $350 billion economy is in peril, with inflation at a record 38% and the country facing the prospects of a default.
While certain professions necessitate advanced degrees, for others, it's essential to weigh the potential benefits against the cost and debt burden.
COMMENTARY / World
Jul 5, 2023

Grad school is not the escape you are looking for

Layoffs across technology and finance along with the threat from AI may make a higher degree seem a sensible bet. Don’t be fooled.
Many of the entrepreneurs who’ve become superwealthy are now seeking to manage and transfer riches to their descendants in Asia. That’s resulting in a surge in family office demand.
ASIA PACIFIC
Jul 31, 2023

Asia’s richest families fuel race for lucrative finance jobs

Many of Asia's superwealthy are now seeking help managing their estates just as old-money families in the West have done for decades.
Australia's Matildas have led the way in urging FIFA to provide equal compensation to men's and women's teams competing at World Cups.
SOCCER / Women's World cup
Aug 9, 2023

Unions gain momentum as World Cup women push for pay parity

Though the disparity is still great, women's soccer players have won better deals that have changed the playing field in recent years.
The Black unemployment rate fell to 5% in March, the lowest level ever recorded in the monthly data, but then rose to 6% in June, showing how erratic it can be.
COMMENTARY / World
Aug 25, 2023

The mysterious fall and rise of Black unemployment

After a roller-coaster move this spring, it’s now essentially back to where it was in February. How much is statistical noise?

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building