March 18, 2011

Change in womens participation rate in Japan could impact GDP growth by as much as 15% according to report

"While Japan’s overall female employment rate is now at a record 60%... If the female employment rate was also 80%, this would add another 8.2 million employees to the work force and boost Japan’s GDP by as much as 15%."



Report "Womenomics 3.0: The time is now"



Source:Women: Japan’s Secret Economic Weapon
WSJ
Mariko Sanchanta
October 7, 2010
http://blogs.wsj.com/japanrealtime/2010/10/07/women-japans-secret-economic-weapon/

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