JAPAN – GOVERNMENT TO SUPPORT CREATION OF 300,000 JOBS FOR LONG-TERM UNEMPLOYED (THE JAPAN TIMES)
The Japanese government plans to support the creation of 300,000 jobs over the next three years for people who have failed to secure permanent employment since the collapse of Japan’s economic bubble in the early 1990s, reports The Japan Times, citing a draft policy guideline.
The plan will include programs for HR development and cooperation between companies and local governments to create jobs for the long-term unemployed. The government estimates that there are around one million long-term unemployed people in their mid-30s to mid-40s. The draft policy is aiming to boost incomes while supporting domestic demand. Prime Minister Shinzo Abe’s cabinet is expected to approve the plan.