Shūshin koyō
Term for permanent employment in Japan / From Wikipedia, the free encyclopedia
Shūshin koyō (終身雇用) is the term for permanent employment in Japan. It was extremely common in major Japanese companies beginning with the first economic successes in the 1920s through the Japanese post-war economic miracle until after the bursting of the Japanese asset price bubble, the Lost Decade and the following economic reforms.
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