One of the core aspects of Japanese Prime Minister Shinzo Abe's Abenomics has been "womenomics," which aims to put more women into the labor force in the hopes of increasing Japan's growth potential. Since Abe took the helm as prime minister in 2012, Japan's female labor force participation rate has ticked up, climbing nearly 5 percentage points for those in the 25-54 age bracket over the past 5 years. The basic thinking behind this strategy is that more women working means an...

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