The number of newborns in Japan fell below 700,000 for the first time since records began in 1899. The government data released Wednesday showed a 16th straight year of decline and it's faster than had been expected.
How big of an issue is that in Japan? I know that older people there tend to like being employed even into their senior years. I don’t know how much is out of necessity.
It’s a big issue. The problem is there are a large amount of elderly people and not enough young people to care for them and keep the economy going.
Population age graphs used to be a triangle. Lots of kids some adults and a few elderly. So there were a lot of people to care for a small number of the elderly and a big group to care for you when you became elderly.
These countries age graphs look like upside down pears. Lots of elderly some working and few children. So more work by the young to care for the elderly.
How big of an issue is that in Japan? I know that older people there tend to like being employed even into their senior years. I don’t know how much is out of necessity.
It’s a big issue. The problem is there are a large amount of elderly people and not enough young people to care for them and keep the economy going.
Population age graphs used to be a triangle. Lots of kids some adults and a few elderly. So there were a lot of people to care for a small number of the elderly and a big group to care for you when you became elderly.
These countries age graphs look like upside down pears. Lots of elderly some working and few children. So more work by the young to care for the elderly.
Caring for them is entirely a different matter, but yes.