Displaying items by tag: underemployed housewives
Japan: huge army of under-employed ex-housewives
There are many smart, educated women who could drive Japan out of its economic slump to a stunning economic recovery, but the rigid hiring system and male-dominated leadership block women from the best-paid jobs. Japan risks becoming a nation of bored housewives with university degrees. Parliament declared it would significantly increase the number of women in leadership by 2020, but the deadline quietly came and went without getting close to its target. Critics believe the aim had little to do with women thriving at work and more to do with an acute need for workers. The working-age population has been rapidly shrinking since the 1990s. Many women are stuck in part-time or dead-end roles which pay 40% lower than men. Companies are reluctant to have more women in their workforces, but the drive for change could come from international companies hiring graduates with gender equality.