Japan to urge firms to employ workers until age 70 from next year
The labor ministry plans to urge companies from April 2021 to ensure jobs are available for workers until the age of 70, it was learned Wednesday. The ministry will also require large companies with over 300 workers to publish the number of mid-career hires on ...
Thousands of people demonstrated on Saturday against French President Emmanuel Macron's proposed pension reforms that have sparked a monthlong transport strike. Some protesters donned the yellow vests that over the past year have become symbolic of opposition to Macron's attempts at reforms that he says ...
People in their mid-30s through mid-40s have gotten a raw deal from Japan, and it's high time for the goverment and employers do right by them.
Economic priorities beyond Abenomics
Japan must move beyond Abenomics to start a new era of confidence and sustained growth.
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.
No excuse for inaction on pension reforms
Restoring the primary balance should not be used as an excuse to avoid enacting pension system reform.
The consumption tax hike delays painful spending reforms
Kicking the can down the road on social security reform should not be a policy option.
Free preschool education raises concerns over run on nurseries
The Oct. 1 start of a government program making preschool education free of charge has raised concerns about a possible increase in children waiting to be accepted into nurseries. The program covers children age 3 to 5 as well as those up to 2 years ...
Abe opens Diet session with call for social welfare reform for all generations
Prime Minister Shinzo Abe kicks off the extraordinary Diet session by tweaking his social welfare vows to appeal more to seniors and people with disabilities as he targets Article 9.
A subcommittee of the Fiscal System Council launched full-fledged discussions Thursday to compile the budget for fiscal 2020. The budget compilation work for the coming fiscal year, which starts in April, is the first of its kind since the Reiwa Era began May 1 with ...
Abe rolls the dice on his political legacy with tax hike
Shinzo Abe will almost certainly become the nation's longest-serving prime minister next month. Whether he will be remembered as a success could well hinge on how the economy weathers the consumption tax hike. Legislation raising the tax to 10 percent from 8 percent took effect ...
Younger Americans will contend with higher taxes or benefit cuts
There needs to be a better balancing of burden and benefits among America's generations.
