Public lecture video by Institute of Contemporary Asian Studies (ICAS). This lecture was held on March 7, 2017. The speaker was Naohiro Yashiro, Dean of Global Business Department and Director of the Business Research Institute at the Showa Women’s University.
Professor Yashiro discusses “Labor Market Reform in Abenomics.” PM Abe recently declared that equal pay for equal work should be the rule to narrow the wage gap between regular and non-regular workers. Preventing persistently long working hours has also been a major policy target for encouraging the labor force participation of women and the elderly. However, these reforms would impact the traditional employment practices of long-term job security and seniority-based wages. The increasing number of non-regular employees who are not granted job security are used as a shock absorber for protecting regular employees in recessions. Also, long working hours reflect an implicit division of labor within a family, which is a source of the “bamboo ceiling” affecting highly-educated women.