Advertising giant Dentsu again found violating rules on overtime hours
Dentsu Inc. said Thursday it had again received a warning from labor authorities over illegal overtime practices. Two years after being convicted over working practices involving long hours, which had led to the suicide of an employee, the advertising giant was found to have violated ...
Economic priorities beyond Abenomics
Japan must move beyond Abenomics to start a new era of confidence and sustained growth.
The government, companies and universities must heed the voices of job-seekers who have experienced sexual harassment and tackle this serious issue in a sincere manner.
Diet passes bill giving teachers more holiday but longer work hours during busy periods
As part of work style reforms, the Diet enacted a bill Wednesday to introduce a new working-hour system that will enable public school teachers to take extended holidays. The legislation to revise a special law on teacher salaries was adopted at a plenary meeting of ...
Carmakers shedding 80,000 jobs globally as electric era upends industry
It's turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler AG and Audi announcing almost 20,000 job cuts in just the past week. All told, carmakers ...
Trump says China trade deal may have to wait until after 2020 presidential election
U.S. President Donald Trump said Tuesday a trade deal with China might have to wait until after the U.S. presidential election in November 2020, denting hopes that the two largest economies would soon reach an initial deal to ease their damaging trade war. "I have ...
Japanese labor union federation to demand minimum hourly wage of ¥1,100
In talks slated to begin next month, Rengo will seek to narrow the wage disparity between regular and nonregular workers as well as between small and large firms.
Widening pension coverage will not only add to the benefits irrgegular workers receive in retirement but shore up pension finances by increasing the number of participants in the program.
The ratio of regular workers is on the rise
What's needed is not just measures for the unemployed, but re-training and re-educating all layers of the workforce so they can actively adapt to the changes.
SoftBank to go ahead with WeWork stock tender offer this week
SoftBank Group Corp. will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder, Adam Neumann, two people familiar with the matter said. The tender offer ...
An emerging priority for Fed chief Jerome Powell: The plight of the poor
Testifying to Congress this month, Federal Reserve Chair Jerome Powell sent a message seldom heard from his predecessors: That the Fed should consider the struggles of the lowest-income Americans in setting its interest-rate policies. "We want to remind ourselves," Powell said, "that prosperity isn't experienced ...
Thirty years on, there remain many hurdles that Rengo must overcome.
