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The dark side of the change in the labor market is becoming pretty clear. The safety net has always been weak because the idea was that companies would take care of their workers. That’s no longer happening.

Saturday 13th December, 05:45 AM JST

Makoto Yuasa, director general of Moyai, a Tokyo-based nonprofit organization that provides services for the poor. (Bloomberg)

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2 Comments

  • openyoureyes at 09:35 AM JST - 13th December

    oh, come on. you could see this coming for years and years. it was obvious that the honor system would only last as long as the riches.

  • chonglai at 04:06 PM JST - 13th December

    Don't expect workers' corporate loyalty when they are relegated to figures that are required to be retrenched during crunch time. Don't expect stayers in the coming markets and expect more job hoppers in the coming new economy. Anticipate a hyper fluid, flexible and cruel job market with everyone for oneself.

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