Japan’s demographic dilemma, a harrowing decline of 800,000 population within a year
Japan’s population has been shrinking for over a decade and this is causing some serious issues for the folks running the world’s third-largest economy. It’s a one-two punch situation. On the one hand, there’s a soaring number of old folks, on the other, there’s a shrinking number of workers to foot the bill for pensions and health care as more and more people age.
