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Posted on December 26, 2011 | tags

 
 

World: Japan having a “mancession”: Women bringing home the bacon

  • 5.4% the percentage of men that were unemployed in Japan as of 2010
  • 4.6% the percentage of unemployed women; that’s a role-reversal source
  • » Tough cultural conditions to blame: With a high pay gap between female and male workers (females make less), a switch from traditional manufacturing to service industries, an aging population, a slowing birth rate, and a move among Japanese couples to marry later, Japan is quickly facing a bit of a cultural shift in terms of who has a job and who doesn’t. By 2020, estimates say, the number of unemployed men vs. unemployed women could become even more pronounced.