Summary of Japan faces labor shortages and demographic crisis as elderly population hits record high
Summary of Japan faces labor shortages and demographic crisis as elderly population hits record high
Japan is facing a significant demographic challenge with a growing elderly population and declining birth rates. This imbalance is causing labor shortages and economic concerns. To address this, the country is considering measures such as increasing immigration, investing in technology, and promoting social changes like improving gender equality in the workforce. These strategies aim to sustain economic growth and overcome the challenges posed by Japan's aging population.
quoting nevent1q…53vaJapan faces labor shortages and demographic crisis as elderly population hits record high
Japan's number of people aged 65 and over has reached a record high, cementing it as the worlds most elderly country, according to government statistics.
https://www.cnbc.com/2024/09/18/japan-faces-demographic-crisis-as-elderly-count-hits-record-high-.html
Japan is facing a significant demographic challenge with a growing elderly population and declining birth rates. This imbalance is causing labor shortages and economic concerns. To address this, the country is considering measures such as increasing immigration, investing in technology, and promoting social changes like improving gender equality in the workforce. These strategies aim to sustain economic growth and overcome the challenges posed by Japan's aging population.