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Japan government to boost support for job 'Ice Age' generation
Japan government to boost support for job 'Ice Age' generation

Japan Times

time4 days ago

  • Business
  • Japan Times

Japan government to boost support for job 'Ice Age' generation

The government on Tuesday adopted a basic framework for measures to support members of what is known as the 'Employment Ice Age' generation, who had trouble finding work after graduating from school between around 1993 and 2004. The framework adopted by relevant ministers at a meeting calls for measures to improve the employment situation of those in their 40s and 50s, and for steps to assist them in their later years. These initiatives will be reflected in the government's economic and fiscal policy guidelines to be compiled later this month. Prime Minister Shigeru Ishiba instructed the ministers to consider related measures for compiling the government's budget for fiscal 2026, which starts next April. "We will decide on a new three-year support program around the beginning of next year," he said in the meeting. In the basic framework, the government calls for conducting training for better employment treatment and providing information related to career change opportunities at Hello Work public job placement offices. The government also plans to offer online training for nonregular workers across the country. Additionally, the government will strengthen support for municipalities working to create places for hikikomori social recluses to join social activities. Given that they will soon reach old age, measures have also been suggested to help people in the employment ice age generation secure accommodations, build assets and improve their household finances.

98% of new graduates in Japan are able to land jobs
98% of new graduates in Japan are able to land jobs

Japan Times

time23-05-2025

  • Business
  • Japan Times

98% of new graduates in Japan are able to land jobs

The employment rate for March 2025 graduates of higher educational institutions stood at 98% as of April 1, the second highest on record, Japanese government data showed Friday. The rate, only 0.1 percentage point shy of the current all-time high, marked a year earlier, tied with those for 2018 and 2020 graduates, according to the data, compiled jointly by the education and labor ministries. "Now that damage from the COVID crisis is almost gone, companies are eager to hire (fresh graduates)," a labor ministry official said. Continued pay hikes on top of serious manpower shortages were also attributed to the high employment figure. The data showed more specifically that, of the recent graduates who landed jobs, men accounted for 97.6% and women 98.5% while earners of humanities degrees made up 98.2% and those of science degrees 97.3%. The two ministries jointly conducted the employment situation survey on 6,250 randomly picked job-seeking students who graduated in March from 112 national and private universities, colleges and other higher educational institutions. The survey also found that the job placement rate for university graduates in Kanto came highest by region at 98.7%.

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