Japan pushes businesses to postpone mandatory retirement ages amid declining workforce
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Shani Alexander
Shani Alexander, Senior Reporter

Japan’s government is continuing to encourage businesses to keep older workers employed for longer as the nation attempts to combat a declining workforce caused by an ageing population and falling birth rate.

Last month, the Ministry of Health, Labour and Welfare revealed that only one-in-four employers were heeding the government’s advice to allow older employees to continue working until the age of 70.

Under the terms of the Law on Stabilisation of Employment of Elderly Persons, Japanese companies must ensure the employment of workers up to 65 years old.