Keidanren to Abolish Guidelines on College Student Hiring

Economy

Tokyo, Sept. 3 (Jiji Press)--The Japan Business Federation, or Keidanren, plans to abolish its guidelines on member companies' hiring of college graduates, starting with those to be hired in spring 2021, its chairman, Hiroaki Nakanishi, said Monday.

Under the current guidelines, companies' explanatory sessions with prospective college graduates are allowed to start in March and job interviews in June. The schedule is set to remain at least until the spring 2020 hiring.

"I don't feel it's quite right for Keidanren to oversee hiring schedules," Nakanishi told a press conference.

He also expressed doubts over current hiring practices, including mass hiring of college graduates.

Amid labor shortages in the country, hiring competition among businesses is intensifying. Early hiring by non-Keidanren member firms, including foreign-affiliated companies, is also considered a problem with the guidelines.

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Jiji Press