Planet Money on “Japan’s Worker Shortage” and working hours

Scenes from Tokyo

NPR’s Planet Money has a piece on efforts in Japan to allow people to work less:

Some companies in Japan are going bankrupt because of the country’s critical labor shortage. Officials point to a declining birthrate — which has led to a shortage of workers — and an infamously demanding workplace culture that is discouraging some people from entering the job market at all. This past April, Japan’s legislative body introduced a novel solution to these two problems: a law requiring workers to work less.

[The Japanese government hopes that] a cap on overtime could alter Japan’s work culture, bring new people — particularly women — into the workplace, and solve the country’s labor shortage.

You can listen to the episode below (if my efforts to embed an audio player worked):

Or you can read the transcript.

As I’ve written before, number of Japanese companies have been experimenting with different kinds of 4-day weeks: some big employers like 7-Eleven and Uniqlo offer workers the option of doing four 10-hour days per week, in an effort to give workers longer stretches of unbroken free time. Japanese e-commerce company Zozo is actually the world’s biggest company running on a 30-hour week.

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