1887

Working Better with Age: Japan

image of Working Better with Age: Japan

Currently, Japan has the highest old-age dependency ratio of all OECD countries, with a ratio in 2017 of over 50 persons aged 65 and above for every 100 persons aged 20 to 64. This ratio is projected to rise to 79 per hundred in 2050. The rapid population ageing in Japan is a major challenge for achieving further increases in living standards and ensuring the financial sustainability of public social expenditure. However, with the right policies in place, there is an opportunity to cope with this challenge by extending working lives and making better use of older workers' knowledge and skills. This report investigates policy issues and discusses actions to retain and incentivise the elderly to work more by further reforming retirement policies and seniority-wages, investing in skills to improve productivity and keeping up with labour market changes through training policy, and ensuring good working conditions for better health with tackling long-hours working culture.

English

.

Skills development and activation in Japan

Maintaining and developing the skills of workers throughout their working lives is essential to ensure they continue to have good employment opportunities at an older age. For Japan, the challenge is two-fold. First, its system of continuous vocational training needs to be strengthened to ensure workers can use and upgrade their competencies and skills throughout their careers. Second, employment services and active labour market policies will need to play a more important role in helping workers to make successful employment transitions, especially after retiring from their main jobs.

English

Graphs

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error