Japanese labor market

The Japanese labor market is characterized by a high level of job stability and a strong cultural emphasis on lifelong employment, especially in large corporations. It has a dual structure: a majority of full-time employees with good benefits, and a growing but still significant segment of part-time or non-regular workers with less job security. Japan faces challenges like an aging population reducing the workforce, low birth rates, and a need to increase female and older worker participation. The government and companies are exploring reforms to enhance flexibility, increase workforce diversity, and address demographic pressures to sustain economic growth.