Employment Ice Age

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Employment Ice Age (Japanese: 就職氷河期, romanizedShūshoku Hyōgaki) is a period and generations in Japan (the term lost generation is also used) that refers to people who got used to unstable and temporary employment beginning in 1990 until at least 2010 that has particularly affected Gen X (people in their 40s in 2019) and impacted their financial well being, health, outlook, and ability to start families.[1] The government is worried about developing impacts as their focus has been on the existing explosion of elderly (75+) rather than those too poor to have ever started a family who themselves will be moving into old age largely absent the financial resources other generations had. Government efforts on this matter are deemed far too little and late and Nikkei claims makers remain unaware of the gravity of the situation.[1]

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  1. ^ a b "Nightmare 2040: Japan's lost generation". Nikkei Asian Review.

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