[HN Gopher] Japan's Labor Market Has a Lesson for the Fed: Women...
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       Japan's Labor Market Has a Lesson for the Fed: Women Can Surprise
       You
        
       Author : mikhael
       Score  : 9 points
       Date   : 2024-03-19 18:33 UTC (4 hours ago)
        
 (HTM) web link (www.nytimes.com)
 (TXT) w3m dump (www.nytimes.com)
        
       | toomuchtodo wrote:
       | Women need flexibility and consistent childcare to enter and
       | remain in the labor force participation rate. Instead, childcare
       | is unaffordable and return to office mandates disadvantage those
       | stuck in a structurally deficient system.
       | 
       | https://blog.dol.gov/2023/01/24/new-childcare-data-shows-pri...
       | ("US Dept of Labor: New Childcare Data Shows Prices Are Untenable
       | for Families")
       | 
       | https://www.wsj.com/lifestyle/careers/return-to-the-office-m... |
       | https://archive.today/81afz ("Return-to-Office Mandates Are a
       | Disaster for Working Mothers")
       | 
       | No different than South Korea pleading with people of
       | reproductive age to have children, while doing nothing with
       | regards to work life balance expectations. "Stop hitting
       | yourself" comes to mind, from a policy perspective, as well as a
       | bit of The Purpose Of The System Is What It Does.
       | 
       | https://www.bbc.com/news/world-asia-68402139 ("Why South Korean
       | women aren't having babies")
       | 
       | https://www.scmp.com/news/asia/east-asia/article/3253465/sou...
       | ("South Korea sets new record for world's lowest fertility rate
       | despite spending billions to stem population slide")
       | 
       | People are making rational choices for the environment they're
       | forced to operate in.
        
         | Affric wrote:
         | And our political systems are making rational choices based on
         | the internal logic of the actors and the information available
         | to them.
         | 
         | No direct benefit from any of the solutions to 50% of the
         | population so not popular, direct returns to business
         | negligible so little support from the elite.
         | 
         | You have to make the effective reforms popular through wider
         | applicability or education or you make it profitable.
         | 
         | The first is even less popular with business and conservatives;
         | the second is cheapest and very difficult; the third is nigh on
         | impossible.
        
       | Dig1t wrote:
       | https://archive.is/L90ff
        
       | alephnerd wrote:
       | The key point:
       | 
       | > Since about 2013, the Japanese government has tried to make
       | both public policies and corporate culture more friendly to women
       | in the work force
       | 
       | I remember this was a major cornerstone of Abenomics at the time
       | [0].
       | 
       | The current numbers are well below Abe's stated goal of 73% women
       | participation by 2020, but is still a major cultural shift.
       | 
       | I'm not sure how relevant this is for the US though, as the US
       | has always had a fairly higher women participation rate than
       | Japan [1] and it feels like the Byline Editor decided to
       | clickbaitify the title of the article.
       | 
       | [0] -
       | https://www.japan.go.jp/tomodachi/2014/summer2014/womenomics...
       | 
       | [1] - https://ourworldindata.org/female-labor-supply
        
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       (page generated 2024-03-19 23:02 UTC)