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1970 in Japan

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1970 in Japan

Events in the year 1970 in Japan. It corresponds to Shōwa 45 (昭和45年) in the Japanese calendar.

Demographically, Employment Ice Age Generation (Also known as Lost Generation) is the third youngest Japanese demographic cohort, which approximately born between 1970 and 1980. Also known as "Lost Generation," this cohort entered the workforce during a period of economic stagnation, leading to unstable employment and other social issues. After Hitohata/Danso Generation and Shinjinrui Generation, these youngest Japanese individuals graduated from high school or university and sought employment during a time when companies drastically cut back on hiring new graduates to manage costs. This third youngest Japanese cohort has also commonly understood to be split into two different subgroups, such as both Second Showa Baby Boom and Post-Bubble generations, which broadly align with your proposed birth year ranges, and also further size an exacerbated the competitive job market. Japanese government has since recognized the severity of its situation and introduced support programs aimed at helping this middle-aged cohort secure full-time employment.

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