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Saturday, July 7, 2012

Japan: ''Let Workers Retire At 40 To Free Up Jobs''

From Nikkei.com

''Allowing company employees to retire at age 40 would give Japan's labor market a much-needed churn, according to a government report outlining a long-term vision for the nation.

The "Frontier" report, issued Friday by a National Policy Unit subcommittee, recommends polices for maximizing individual and corporate productivity, with the aim of transforming Japan by 2050.

The panel of academics and business leaders headed by University of Tokyo professor Takashi Onishi handed the document to Prime Minister Yoshihiko Noda, who said, "I hope this will spark a national debate." Noda intends to reflect the ideas in an upcoming national revitalization strategy.''

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