As Japan's Population Ages, Its Economy Can't Keep Up
As Japan's population gets older, there are fewer people to run things like farms and universities.By Ethan Weston | August 20, 2016
A major demographic dilemma is threatening to hit all parts of Japanese society: the country's rapidly rising age.
Right now, 1 in 4 Japanese are over the age of 65, and that proportion is expected to keep rising. Basically, fewer and fewer Japanese are "working age," while more are entering retirement age.
The drag that this demographic shift will have on the country's economic growth and social security are pretty clear. But the aging population is affecting many aspects of Japanese life.