11518. LIFETIME EMPLOYMENT: NOT A GOOD MODEL FOR THE U.S. Looks at the merits and drawbacks of the Japanese "lifetime employment" model and considers its applicability within the U.S. business environment. Rejects the model for the U.S., but urges U.S. businesses to develop a new employee-employer contract to replace what was in reality for many firms an implied lifetime contract prior to the downsizing of the 1990s. 8p., 29f., 22b.