Nearly a million in Japan's 'lost generation' face old-age poverty

Wounds from a hiring 'ice age' in the late '90s still ache

20190522N Lost Generation

A businessman crosses a road at Tokyo's business district, Japan. There are 60% more part-timers between the age of 35 and 44 compared to 15 years ago. © Reuters

HATSUKI SATO, Nikkei staff writer

TOKYO -- More than 900,000 people who graduated from high school or college after the bursting of Japan's economic bubble have yet to find stable jobs, recent data showed, a generation that analysts said could end up being a huge social burden in old age.

Although the rate of unemployment is historically low, there are 60% more part-timers between the age of 35 and 44 -- members of Japan's so-called lost generation -- compared to 15 years ago.

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