Older Worker Employment in a ‘Hyper-Aged’ Japan: Five Main Characteristics

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Against the backdrop of rapid population aging, most developed countries around the world are seeking ways to delay the retirement transition of older workers. Having been classified as a ‘hyperaged society’ since 2007, today Japan stands as a precursory case of an aging country that may offer a source for policy lessons for other countries. This article aims to contribute to a body of policy literature on older worker employment and retirement by introducing main characteristics of the trends of older worker employment in Japan as a hyper-aged society. Relative to other developed countries, employment trends of older workers (aged 55-64) in Japan are characterized by (1) internationally high employment rates; (2) the high rates as a historical trend; (3) persistent gender gaps in employment; (4) an increase in non-regular employment; and (5) a large share of older workers who are referred to as ‘working pensioners.’

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