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'Job for Life' Loses Appeal For Japanese

By The New York Times

April 26, 2022

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Japan is in the midst of en masse hiring season, when a wave of college graduates join companies in formal ceremonies after sweating through the job-interview gauntlet. The goal has long been the same: to kick off what was often a lifetime devoted to one company.

But this model that undergirded Japan's economic rise is slowly eroding. Working from home, people have had more time to rethink their careers and lives. Many want a change.

Some are jumping ship, a risky and somewhat unusual step in Japan, especially for those in their 40s, 50s, and 60s. Among young employees, the percentage who quit jobs at major companies within three years has risen to 26.5 percent from 20.5 percent eight years ago, according to a study by the Recruit Works Institute.

From The New York Times
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