The Japanese economic miracle from the mid 1950s to the late 1970s happened when the median age of its population ranged between 23.6 and 32.5 years. Meanwhile, Japan’s demographics had worsened — the median age reached 41.2 years in 2000, rising to 44.7 years in 2010 — reflecting in its economic performance. The median age, too, that year was just 25.1. The part about a flood of young men and women entering the labour market is certainly true; you can see and feel it by simply taking a Delhi Metro train ride. Unfortunately, it is the young, vibrant and energetic generation of job-seekers who are bearing the brunt of all this.

Source: Indian Express December 29, 2019 18:33 UTC