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Monday, November 14, 2005

Japan's Labor Force

In this week's edition of the Economist, there's an interesting article about how the Japanese labor force will be changing as the population gets older. To counter the long term trends of a shrinking labor force (due to longer lives and less births), Japanese firms are now increasingly trying to attract females, young people, and the elderly through various means. One particular statistic I found interesting was the current percentage of women in the labor force :
Female participation in the labor force, at 55%, has risen in recent decades, but lags well behind Britain (61%) and America (62%), with many women, says Kathy Matsui, an analyst at Goldman Sachs in Tokyo, dropping out completely to raise children. Less than 10% of managers are women in Japan, compared with 46% in America.

The low percentage of female managers surprised me at first, but after considering the gender roles and dynamics in Asian culture, it makes more sense. I wonder what the female workforce statistics are for other Asian countries?

1 Comments:

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