Japan to push child care, labor reforms to stem falling birthrate
Kishida is set to unveil a final version of his child care policy at a news conference on June 13.
The labor reforms will allow workers to opt for a more flexible work style such as three days off each week, the sources, who sought anonymity because they are not authorized to speak to media, told Reuters.
Further regulation to be adopted in fiscal 2024 will put a uniform cap on overtime. The new plan also aims for those who engage in care or undergo fertility treatment to hold down jobs.
The child allowance plan calls for abolition of income limits on recipients, while clarifying that such allowances are available until a deadline of March 31 subsequent to attaining the age of 18, up from 15 now.
The draft plan seeks to further rectify long working hours so that both parents can share household chores without throwing an unfair burden on mothers.
Japan taking action. This will, of course, be insufficient, but at least they're finally doing something. The big caveat for this is that they need to get it funded, and whether there is public support for it. Given Japan's record of doing things, I wouldn't be surprised if this never materializes due to lack of funding, while they divert all their money to the military to fight China.