Japan Needs Workers. Women Are Ready.
A work in progress.
Photographer: Tomohiro Ohsumi/BloombergWhen Japanese Prime Minister Shinzo Abe declared that he intended to promote women in the workplace, many people were understandably skeptical. After all, Abe is known as a conservative, and conservatives in most countries support traditional gender roles. Perhaps for this reason, many writers rushed to declare that "womenomics" wasn't for real. But I believed that something big had changed in the Japanese mindset, and that this time really was different. I came away from a recent trip to Japan even more convinced that womenomics is a deep and permanent shift that will reverberate throughout the country's social and economic structure.
The first reason for my increased confidence is that I now understand the strongest force behind the push to hire women. It's not Abe -- it's demography. The rapid decline of Japan's working-age population -- down more than 11 percent from its mid-1990s peak, and still falling -- has made companies desperate for talent. That means hiring either foreigners or women. Women, having no language barrier, requiring no visa sponsorship and being already well-acquainted with Japanese corporate culture, are the natural first choice. For many Japanese companies, therefore, hiring women isn't an act of social responsibility, gender fairness or capitulation to the government -- it is a simple act of survival.
