10 March 2020 – Protection of employment through Employment Adjustment Subsidies

This item is sourced from the CCCSL: CSH Covid-19 Control Strategies List co-ordinated by the Complexity Science Hub Vienna, Austria. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Executive Order
Sectors Involved: Finance/Economy
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: We will protect employment through Employment Adjustment Subsidies. Due to the impacts of COVID-19, some businesses are forced to curtail their operations in response to the slow-down of the flow of people and goods. The government will significantly expand special measures on the Employment Adjustment Subsidies so as to protect employment and secure the stability of the people’s lives even in such a situation. We will expand the scope of the special measures to all business owners, clarify eligibility criteria (such as simultaneous closure), and apply this retroactively back to January, 2020. We will also increase the subsidy rate for certain areas.
Full details here: https://japan.kantei.go.jp/ongoingtopics/_00015.html