Japanese Cos turning to part-timers to cut costs

Ulhas Joglekar ulhasj at bom4.vsnl.net.in
Wed May 3 04:39:41 PDT 2000


Tuesday 2 May 2000

Japanese Cos turning to part-timers to cut costs TOKYO: With Japan's economy stuck in its deepest rut in decades, employers who used to guarantee jobs for life are now turning more to part-time workers to cut costs, a report said on Sunday. During the fiscal year that ended March 31, companies surveyed by the labour ministry said they employed 1 per cent fewer full-time workers but 3 per cent more part- time workers than they did the previous year, quasi-public broadcaster NHK reported. It was the second straight year for the number of full-timers on the payrolls of Japanese companies to fall, and the ninth year for the number of part-timers to rise, NHK said. Recession has put pressure on employers in the world's second- largest economy to trim their payrolls and give up the custom of guaranteeing workers a job for life. The labour ministry compiled the data by surveying 33,000 enterprises with five or more employees, it said. NHK did not give a margin of error or other details about the survey. No one was available at the labour ministry to comment on Sunday. (AP) For reprint rights: Times Syndication Service
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