Japan’s Gen X workers are struggling

www.economist.com · 2026-08-19 · by Long Nguyen ·generic
Japan's "ice-age" generation, workers who entered the labour market during the 1990s economic downturn, face low wages and dim retirement prospects. | Asia

Japan’s Gen X workers are struggling

Asia | Frozen out

Japan’s Gen X workers are struggling

The “ice-age” generation has been cursed several times over

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Japanese salarymen check their phones as they stand along a street in the Marunouchi financial district in Tokyo, Japan.

Photograph: Getty Images

Aug 18th 2026|TOKYO|5 min read

FOR NEARLY two decades Torigoe Atsushi, who is 50, has worked in the stockrooms of a fashion firm in Tokyo. His income rose only modestly, and it recently fell after his employer cut bonuses and reworked its pay scheme; he now earns about ¥3.6m ($22,600) a year. Then he spotted the firm’s recruitment ads, offering newcomers higher salaries. “It’s great that younger people are getting better pay,” he says. “But why not raise mine?”

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