Research from Japan’s Cabinet Office finds that over three-quarters of workers are experiencing anxiety over the economy.
By Maggie Mancini
More than three-quarters (78.2%) of Japanese citizens report feeling anxious about job uncertainty and the rising costs of living, according to a survey from the Cabinet Office. This marks the highest level of anxiety since the government began its annual survey in 1981.
Economic pressures are taking a toll on the workforce, with 58% worried about future income and savings, and 64.5% dissatisfied with their current wages. Although the percentage of those content with their earnings rose slightly to 34.9%, many continue to grapple with a perceived decline in their standard of living.
The survey also shows a modest shift in self-perceived class identity, with more respondents identifying as part of the lower economic class compared to previous years. For workers nearing retirement or who are already retired, financial fears are particularly concerning, with 62.8% expressing worry about managing life post-retirement.
Citizens have also voiced frustration over stagnant wages and rising taxes, with many predicting that the economic hardship will persist well into 2025.
