• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Tokyo government to introduce four-day workweek for its employees
Editor's Pick

Tokyo government to introduce four-day workweek for its employees

by December 10, 2024
by December 10, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The Tokyo government plans to introduce a four-day workweek for its employees in an attempt to support young families and boost record-low fertility rates nationwide.

Tokyo Governor Yuriko Koike announced that starting in April, employees of the metropolitan government will have the option to take three days off each week.

“We will review work styles … with flexibility, ensuring no one has to give up their career due to life events such as childbirth or child care,” she said in a policy speech at the Tokyo Metropolitan Assembly’s fourth regular session.

The new policy is designed to encourage Japanese couples to have children at a time when the country’s fertility rate is at a record low. Last year, it dipped to a mere 1.2 children expected per woman during her lifetime, even with the government’s increased efforts to motivate young people to start families, according to the Ministry of Health, Labor and Welfare. That number should be at least 2.1 for a population to remain stable.

Koike announced an additional policy allowing parents with children in elementary schools to trade off a bit of their salaries for the option to clock out early.

“Now is the time for Tokyo to take the initiative to protect and enhance the lives, livelihoods and economy of our people during these challenging times for the nation,” she said.

Only 727,277 births were recorded in Japan last year, according to the Health, Labor and Welfare Ministry. That may be in part because of Japan’s overtime work culture, which often pressures women to choose between having careers or families. The gender gap in the country’s labor force participation is higher than in other high-income nations, at 55% for women and 72% for men last year, according to the World Bank.

However, implementing a four-day workweek may provide government employees with more time to dedicate to raising their families.

In a 2022 series of global trials coordinated by 4 Day Week Global, a nonprofit organization, various companies took part in a four-day workweek pilot program.

More than 9 out of 10 employees who participated in the trials wanted to continue with the four-day workweek. They reported that it gave them improved physical and mental health and work-life balance and increased general life satisfaction. Measures of their stress, burnout, fatigue and work-family conflict all declined. Those participants rated their experience 9.1 out of 10.

Another Asian country put a shortened work week to the test this year.

Singapore introduced new guidelines requiring all firms to consider employee requests for flexible working arrangements, including four-day workweeks or staggered hours.

This post appeared first on NBC NEWS
You Might Also Like
  • FTX co-founder Sam Bankman-Fried should be jailed until trial, prosecutor argues
  • Amazon set to pass Walmart in revenue for first time
  • Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
  • Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Options Trade Ideas YOU NEED to SEE!
next post
China opens probe into Nvidia, accusing company of violating its anti-monopoly law

You may also like

Baby boomers and their cash are driving the housing market...

July 9, 2023

He plays rich on screen but dreams of full-time work:...

July 12, 2024

Embraer CEO says jet maker studying possibilities for a new...

October 21, 2024

American Airlines fined $4.1M for dozens of long tarmac delays...

August 29, 2023

The lunch rush is dead as Americans live for the...

May 20, 2024

Employers added 206,000 jobs in June as sturdy labor market...

July 8, 2024

State Department expands passport phone center hours, and U.S. senator...

July 18, 2023

Boeing’s new outsider CEO Ortberg takes the helm, this time...

August 9, 2024

Sixteen Nobel Prize-winning economists warn a second Trump term would...

June 26, 2024

Barcelona protesters throw items and spray travelers with water while...

July 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

      June 19, 2025
    • Feeling Unsure About the Stock Market’s Next Move? These Charts Can Help

      June 18, 2025
    • Amazon expects to cut corporate jobs as it relies more on AI

      June 18, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,597 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,871 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,574 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,537 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,412 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nike pushes back Skims launch with Kim Kardashian due to...

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold...

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global...

      June 19, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Apple makes surprise decision to pause...

    December 19, 2023

    Walmart-linked Green Dot Bank receives proposed...

    March 2, 2024

    Walgreens CEO Roz Brewer steps down...

    September 6, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here