Tuesday, February 14, 2012

Terrible Job Market in Japan? -- Even Certified Accountants and Professional Lawyers Cannot Have a Decent Life, or Unemployed?


Accountants and lawyers can earn a lot. No, they could earn a lot in the past.

In Japan, those highly professional jobs are no more tickets for a decent life.

They were known for well-paid jobs and popular among students in prestigious colleges in Japan. However, situations in accountants and lawyers are going pretty worse nowadays.

I found a thread in a popular online forum called “2 channel” in which those who quit a big accounting firm in Japan and are finding another job wrote their screams.

Here are some screams from them:

- I entered a small-medium sized accounting firm, but the working environments are terrible.
- You have to be careful when you enter a small and medium sized accounting firm. You will have to clean offices every morning, and you will have to come to the office 30 minutes earlier in order to clean the office. In addition, you cannot get paid for it. This is impossible for big audit/accounting firms.
- Even if you can enter a big audit firm, it is said that only one in ten people can be a partner under this economy. How can rest of the people live in the future?
- You can just earn just around 300 million Yen (39000 USD as of today).
- I was already a loser when I started to aim at being a certified accountant. I should have just been a local government employee without wasting a lot of time on studying so hard to be a certified accountant.
- According to a book published last year titled “Super Gap Society-Lawyer’s Industry”, the gap of the salary between lawyers is pretty widening compared with that in three years ago. Those who belong to a lower bracket only earn less than 100 million Yen (13000 USD). Law school generation (which means recent lawyers under a recent system in Japan) is called “3.5 million Yen (45000 USD) generation”. It is said that a large group of lawyers earn less than 300,000 Yen (3900 USD) per month. If you can enter a large accounting firm, you will be actually asked to leave the company at the age of 38. It is said that if you cannot be an elite winning a harsh competition to climb the ladder, you will be kicked out of the company at the age of late 30s or early 40s. The average suicide rate for lawyers in 2009 is 3.1 people out of 10,000 people, which is higher than that of whole Japanese (2.58 people out of 10,000). The concern for the future of lawyer’s industry which is dwindling and a lot of stress make lawyers suffered.
- To get a license will not guarantee our job any more. You will have to create jobs by yourself or you will have to do more sales activity instead of just waiting for office works laying back at your desk.
- There really are too many accountants in job market.

(Unquote)

One of the biggest reasons why even certified accountants and lawyers came to be unable to earn a decent amount of money is that Japan government started to take the policy to increase certified accountants and lawyers, and Japan government started to establish a higher course of law (like Master’s Degree ) in colleges and forced people to enter the course. As for accountants, Japan government simply increased the number of accountants loosing the exams.

The policy gave passionate youngsters a lot of hopes and terrible reality as a result. I guess that Japan government actually knew this result, but they didn’t want to increase unemployment rate and wanted to run more cash pushing those passionate and pure young people into higher academic courses.

It can be probably said that passionate and young people might have been cheated by the selfish government policy…How terrible if young people face the harsh reality after a tremendous amount of effort over many years when they were young…