The Japanese Labor Market During the COVID- 19 Pandemic

Released on by Shinya Kotera
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  • The Japanese Labor Market During the COVID- 19 Pandemic Book Detail

  • Author : Shinya Kotera
  • Release Date : 2022-05-13
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 39
  • ISBN 13 :
  • File Size : 22,22 MB
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The Japanese Labor Market During the COVID- 19 Pandemic by Shinya Kotera PDF Summary

Book Description: This paper investigates labor market dynamics in Japan during the COVID-19 pandemic drawing on macro and micro data. The pandemic and related containment measures had a large negative impact on employment, labor force participation, earnings, and labor market mobility, although policy support through furlough schemes partially mitigated the rise in unemployment. Our results indicate that industry effects were a crucial driver of labor market outcomes for different groups of employees — women, younger age groups, nonregular, self-employed, and low-income workers accounted for a disproportional share of employment in the hardest hit industries. We also find empirical evidence for the need to improve childcare and related support, training and upskilling offerings, and teleworking availability, and the role of skill mismatches in reducing labor market mobility and resource reallocation.

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How the Pandemic Changed Work in Japan

How the Pandemic Changed Work in Japan

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The COVID-19 pandemic swept the globe from 2019 had a major impact on the way people lived and worked. People refrained from going out and, inevitably, the way