"Freeter", a term coined by the Japanese by combining the English word "free" and the German word Arbeiter, is defined as "people with college diplomas who engage in menial employment". They seek a free lifestyle and consider leading a carefree life to be more important than their careers - yet they are not necessarily happy about their financial future. In Japan, the number of freeters aged between 15 and 34 accounts for about one-fifth of the population in this age group, or roughly 4 million. In Taiwan, more young men and women are likely to become freeters, but not through personal choice. There are simply fewer jobs for them upon graduation.