politics

G20 labor ministers discuss aging workforce responses

12 Comments

The Group of 20 major economies on Sunday held a labor ministerial meeting to discuss new ways of working in a rapidly aging society and other changing environments.

"Due to demographic changes, and the progress of digitalization and globalization, we are at a major turning point," said Japanese labor minister Takumi Nemoto as he opened the two-day meeting in Matsuyama, western Japan. "We have to face challenges and shape the future of sustainable work."

The ratio of people aged 65 years old and over in the working-age population is expected to rise in each G20 member, which together account for more than 80 percent of global growth.

Among other points, the participants will discuss measures to encourage the employment of the elderly, since the graying population leads to a shortage of labor and slows economic growth, according to Japanese officials.

Japan, which holds this year's G20 presidency, hosted the group's summit for the first time in late June in Osaka. The ministerial meeting is expected to end Monday with a joint declaration.

The first meeting of G20 labor and employment ministers' was held in 2010 in Washington and has been held every year since then.

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12 Comments
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There are many ways to counter this problem and I sincerely hope they start looking at other options then importing hundreds of thousands of cheap laborers from abroad which will have a devastating impact on society.

0 ( +2 / -2 )

It is a tad suspicious they have failed to mention they intend to increase the retirement age to 70 due to their pension system being a massive failure.

4 ( +5 / -1 )

The major issue here is that the politicians, although able and do work at their nice salaries well into their eighties, do not want to sign into law allowing all to work into their eighties if capable physically and mentally and maintain their salaries with all the benefits etc. It is a severe slap in the face to rehire someone at age 60 on a one year contractual basis at a very reduced salary with zero benefits. Shame on Japanese legislators. Shame on you for humiliating serious and dedicated people. Shame on you.

8 ( +8 / -0 )

How to tame aging workforce : by making kids !

2 ( +2 / -0 )

It is a severe slap in the face to rehire someone at age 60 on a one year contractual basis at a very reduced salary with zero 

One year is too long, it is usually 3 months.

Much ado abiut nothing, some of these meeting is not to seriously look into problem but a vacation and an opportunity to portray relevance and importance.

1 ( +2 / -1 )

Importing thousands and thousands and thousands of cheap labourers like me is the only way to avoid another bubble burst in the upcoming decade, as the society is too rigid to adapt to a quickly changing reality in the nation.

Spoiler alert: there is no bubble. But the burst is happening.

-3 ( +0 / -3 )

Japan should be the last one that should be telling other countries what to do about this issue.

Importing thousands and thousands and thousands of cheap labourers like me is the only way to avoid another bubble burst in the upcoming decade

It's also a great way to drag down wages for workers already here and to make rich people even richer.

3 ( +3 / -0 )

the ratio to a person’s life when he weakens (this means that he is aging) is a page of shame in the history of mankind. you have to endure until they decide to introduce new rules when the concepts of old and weak will be absent. look at the facts: people in space are aging for six months.

0 ( +0 / -0 )

How to tame aging workforce : by making kids !

Yes but then the Japanese government have to take real measures to ensure a better balance between work and social life and for the moment this is not the case, in Japan you still live in order to work while you should work in order to live.

Furthermore we will only see the results of these measures at earliest in about 18 years time thus is not a short term solution.

A short term solution would be increasing the minimum wages so Japanese people can actually perform the jobs where there is a labor shortage and still have a decent life.

Another short term solution is help and activate the more than one milllion hikikomori in to the job market.

Finally the Japanse government should encourage and subsidize automation to replace manual labor.

These measures will prevent people from having to work untill they are 70+ years old so people can still enjoy a life after their professionel career.

0 ( +0 / -0 )

facts not confirmed in practice. when the muscles are weakened, the brain begins to receive negative signals. And when there are very моге of these signals, the stable functioning of the brain is disrupted and this fact leads to a drop in sexuality and the appearance of various diseases. maintaining the strength of the muscles of the body, conditions are created for the (as yet unknown number of years) stable work of the body over the age of 70 years. there are cases of birth of children at the age of 101 years (male). you can solve not only the problem of labor, but also erase from the history of 70 80% of the disease that appear with aging. life is not realized in its originally intended parameters, but fades away without even reaching the middle. the problem is - how to do so that everyone can maintain the strength of their muscles? but the government is aware of this.

0 ( +0 / -0 )

The problem with the cheap labour beinh profitable to rich people who can keep paying less - you ( or Japan) dont get a choice. Soon in many places it will be either imported labour or no labour at all.

-1 ( +0 / -1 )

all people have an involuntary initial survival program. almost all problems are born on the basis that 90% of people live under this program. hence all the troubles that everyone wants to take more. scientists now have the task - to simplify the learning process as soon as possible.

0 ( +0 / -0 )

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