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In Japan’s case, their aging population does not result from a myth of global overpopulation. During the recession in the 90s, firms stopped hiring. However, t
by hosh 4y ago
In Japan’s case, their aging population does not result from a myth of global overpopulation.
During the recession in the 90s, firms stopped hiring. However, they only hired graduating university students, to train in their methods and for lifetime employment. When the economy recovered, instead of hiring from the pool of the unemployed, they resumed hiring straight from college. The entire cohort that graduated during the recession was frozen out, never having started careers nor families.