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grandparents
Trends
- 1Affordability crisis pushes 37% of parents to rely on family money●The affordability crisis made 37% of parents count on financial help from parents or grandparents
Roughly 37% of parents say they now count on financial help from their own parents or grandparents, a figure attributed to the ongoing affordability crisis. The numbers point to a growing reliance on intergenerational support as younger families struggle with housing, childcare and everyday costs, and they are prompting debate about how financial pressure is shifting onto older generations.
- 2Grandparents keep working, 'grandchild leave' emerges●Grandparents have always helped out with childcare, but now so many of them need to keep working that 'grandchild leave'
With more grandparents remaining in the workforce past retirement age, Japanese employers are beginning to offer 'grandchild leave', allowing older workers to take time off to help care for their grandchildren. The shift reflects both Japan's childcare shortage and the growing number of older people who want to keep their jobs while supporting working-age children.