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2018.03.19

【Aging, safety net and fiscal crisis in Japan】No.68: Employed Worker Households and Non-Working Households

In this column series, Yukihiro Matsuyama, Research Director at CIGS introduces the latest information about aging, safety net and fiscal crisis in Japan with data of international comparison.

Table 1 shows the profile of an average working household employed by companies, healthcare institutions, and government agencies. Both gross and disposable monthly income has been decreasing. Therefore, it is understandable why Japan's economic growth has remained subdued. As consumers' propensity to spend has declined, it is not surprising that workers are cautious about consumption.

Table 2 shows the profile of an average non-working household (including retirees). Non-working households' monthly consumption expenditures are 75% of employed households' expenditures (as of 2016). The decrease in consumption expenditures between 2013 and 2016 is smaller for non-working than for working households. This suggests that the living of retirees has remained stable.


Table 1 Profile of an average working household

180317_matsuyama_fig01.png

(Source)Ministry of Internal Affairs and Communications



Table 2 Profile of an average non-working household

180317_matsuyama_fig02.png

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