Why are all the taxi drivers I see in Japan very old? Are there no young people working in this industry?

There are young people, but there are few. This is because of two aspects. If you join the company at the age of 60, the state will give you a subsidy of 900,000 per year, so companies like to recruit older people. If you are over 60, you should also take out pension insurance. Well, wouldn't it be good for them to take a taxi and earn some pocket money? For example, a 65-year-old driver earns 6 million yuan a year. He gives 2.4 million yuan to the company, 3.6 million yuan to himself, and the company receives another 900,000 yuan from the state. In this way, the company earns 3.3 million yuan. If a 45-year-old driver earns more than 7 million a year, 4.2 million for himself and 2.8 million for the company. Because the state does not provide subsidies, the company only earns 2.8 million, which is obviously less than a 65-year-old driver.