Employment Adjustments from the Perspective of Labor Law and Labor-Management Relations
Yoshito Yamamoto
Japanese Economy, 1980, vol. 8, issue 3, 28-66
Abstract:
The expression "employment adjustments" is frequently used not only in labor-management negotiations but also in the mass media. It is not a legal term and it has been used loosely in many contexts. Normally, however, it means reductions in the workforce via lay-offs, detailing to subsidiary firms, and temporary reassignments of workers. In addition, it includes hiring freezes and lowering of the mandatory retirement age. In short, what is implied by "employment adjustment" is the saving of labor power with the objective of saving labor cost. It exerts fundamental impacts on the working and living conditions of workers, thereby playing a crucially important role in labor-management relations.
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jpneco:v:8:y:1980:i:3:p:28-66
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DOI: 10.2753/JES1097-203X080328
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