what is japan s lost generation 
the lost generation is a concept closely related to japan s lost decades the term refers to those japanese university graduates who entered the economy during the employment freezes characteristic of the lost decades this primarily includes people who graduated in the 1990s and 2000s as a consequence of these circumstances members of the lost generation may have had to take on low wage temporary work over stable employment with robust retirement benefits teeing up a potential pension crisis for the nation 11the bottom linethe lost decade also known as the lost decades refers to an extended stretch of economic stagnation in japan beginning in the early 1990s this era of poor economic performance has been characterized by low gdp growth recessions and deflation economists have posited multiple hypotheses to attempt to understand and explain the root causes and potential solutions of japan s economic downturn 