Employment Ice Age
The Employment Ice Age (Japanese: 就職氷河期, romanized: Shūshoku Hyōgaki) is a term in Japan that refers to a period starting around 1994 and ending by 2004 where young graduates, as well as those who had lost their first jobs due to the Bubble Economy collapsing, were unable to find stable sources of employment. This phenomenon took place during the Lost Decades, and the cohort affected, Generation X, came to be referred to as the “Lost Generation” or the “Ice Age Generation”.