TOKYO -- Japanese companies are increasingly counting on elderly workers to plug labor shortages and make business more competitive. Last year, nearly 40% of businesses -- double the ratio a decade earlier -- let employees work until 70 and beyond. In the construction and retail sectors, workers 65 or older made up more than 10% of the workforce.
Japanese businesses need to make the workplace safer for older workers as they keep them on payrolls longer to cope with labor shortages.
Datawatch
Nearly 40% of Japanese companies hire people over 70 years old
Facing labor shortages, Japan Inc. turns to elderly to fill jobs
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