Trends in Long-Term Employment since the 1980s in Japan

Takao Kato and Ryo Kambayashi ()

Economic Review, 2016, vol. 67, issue 4, 307-325

Abstract: In this article, we examine recent long-term employment in the Japanese labor markets, by using microdata from several governmental statistics since the 1980s. The main findings are as follows: (i) the decline in average tenure is found only in short-tenured workers, and the average tenure for long-tenured workers, e.g. over 5 years, did not decline. (ii) Ten-year-retention rates also stay almost constant for long-tenured university graduates. (iii) Neither one-year-separation rates nor dismissal-rates have changed for long-tenured university graduates. (iv) A decline in the share of long-tenured university graduates within age cohort is not found. Therefore, long-term employment is still respected for employees who have continued working for a long term, e.g. over 5 years. One characteristic of recent Japanese labor markets, the increase in short-tenured workers, is explained by the expansion of the labor market itself. The magnitude of long-term employment has not declined.

JEL-codes: J21 J63 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:hit:ecorev:v:67:y:2016:i:4:p:307-325

DOI: 10.15057/28208

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