The Population Of Japan And Japan

In regards to a country’s population, Japan is in the stage 4 category, meaning it has a low birth rate and a high life expectancy. Specifically, they have a low percentage of youth and 25% of their population is over 65 years old (N. Probasco, personal communication, 2017). These factors have led to an overwhelming population. As a result, the Japanese government created solutions the slow the growth of more people and maintain those who are still alive.

Other statistical important values are the unemployment rate and life expectancy. The unemployment rate amount Japanese is 4.0%, whereas the United States is 7.4% (Find-the-data, 2015). This is one of the reasons the Japanese government is able to keep down costs. However, the average life expectancy of Japanese citizens is 83.33 years to U.S. 78.84 years, which would require Japan to care for their citizen’s longer (Find-the-data, 2015). This can financially impact the government with increased expenses and costs to an aging nation.

The rapid growth in the number of seniors in America and around the world is creating a global demographic revolution without precedent. During this century, advances in hygiene and water supply and control of infectious diseases have reduced the risk of premature death much. As a result, the proportion of population over 60 years in the world is growing faster than in any previous era. In 1950 there were approximately 200 million people aged over 60 worldwide. By 2000 there will be over 550 million, and by 2025, the number of people over 60 is expected to reach 1,200 million.

Data from the Census Bureau tell us that in 2015, there are around 47.8 million Americans age 65 and older, up from about 25.5 million just 35 years ago; demographers predict that in another 35 years, there will be nearly 88 million Americans in this age group. The rate of growth of the “oldest old” population—those age 85 and older—is even more dramatic: Their numbers currently stand at approximately 6.3 million, but by 2050, that number will have almost tripled, to 18.7 million Americans. This population explosion is unprecedented in history, and the resulting demographic shift is causing profound social and economic changes.

The aging of the baby boomers is not just a demographic issue. It has important economic implications. Owen and Griffiths (2010) argue that the baby boomers can best be seen as a generational bulge that occurred between 1946 and 1964. This generational bulge is so large that it drives the economy during each state of the baby boomers lives (p. 76). This suggests that the aging of the baby boomers is a demographic issue with important economic implications.

The amount of people reaching late adult hood in large quantities is not unique to the U.S. As the Peterson (2002) article states, a combination of a rise in the longevity of people, and the fall in birth rate has other countries seeing a large percentage of their population fall into the “elderly” category. The article recalls that Japan was once the “youngest society in the developed world. Within five years, it will be the oldest.” (Peterson, p. 197). Now, the U.S. is considered the youngest society, and is in one of the best situations to maintain that title while also providing for their old. With older retirement ages, in addition to social security and social benefits, people in late adulthood are better taken care of than in other developed countries (Peterson,

Improved quality of life, quick and easy access to health care along with medical advances help Japan’s aging population enjoy an increased life expectancy, so much so that the Japanese older population is outnumbering the younger

There is no doubt that the ageing population is a subject which has attracted much attention of Governments and communities in the world. Even in Australia, it is considered as one of the most crucial challenges which will have to confront in the next 25 years ( Hugo, 2014). Population ageing is defined as a change in the age structure of a country toward older ages. This is the repercussion of many elements such as the declining fertility rate, baby boom period and advanced technology in medical and healthcare extending longevity.While a number of studies have been done into proving this trend having several negative effects, it can be argued that there are many beneficial impacts both on national economy and society. This essay aims to look at the positive influences of older population on the workforce, then the Australian Government Budget, and finally the community.

This line chart illustrates the percentage of citizens who are older than 65 years old from 1940 to 2040 in Japan, Sweden and USA re?nospectively. Overall, the trends of the proportion of the elderly in these countries all increase, and the percentages are expected to be appmximately(?) 29% in 2040.

From 1970 to the year 2000, the world's over-60 population is projected to increase by more than 90 percent" . This is an astonishing number, seeming how the total population was predicted to grow by less than 75 percent . "The most prominent feature of the looming shift in the composition of the working-age population is, of course, its increasing age" . It is hard to say what will happen when suddenly there will be an abundance of older people who are preparing to retire.

25-58 years old made up the largest age group with 38.1% of total population of Japan. (Indexmundi, 2015)

The world’s population is ageing rapidly. Between 2000 and 2050, the proportion of the world's older adults is estimated to double from about 11% to 22%. In absolute terms, this is an expected increase from 605 million to 2 billion people over the age of 60.

Japan ranks as the third largest economy in the world as of 2010. The GDP at current prices in US dollars in Japan was reported at 5068.06 billion in 2009, according to the International Monetary Fund (IMF). Japan’s resurgence after World War II has however reached an inflection point in yearly 1989 after the burst of Japan’s asset price and real estate bubbles. As can be seen from the graph below, Japan’s GDP has hovered around the same level through more than 20 years of economic stagnation. The GDP’s slow growth has been exacerbated by the world financial crisis of 2008. A major landmark of Japan’s stagnation has been the BOJ’s fight against deflation.

Suggestions have been made as to how to offset the decrease in population—increasing the immigrant population as well as incentives attempt to increase the birth rate. According to the living and human development index, Japan has very high standard of living in addition to the highest life expectancy and the infant mortality rate is 3rd lowest.

In 1991, the entry of Toys “R” Us would displace more people from jobs than the opportunities it would create. The displaced people also include old people above 60 for whom this is a safety net post retirement. Japanese economy was in a state of virtual full employment with qualified male graduates preferring local employers to foreign establishments. Yet it will give employment opportunities for Japanese women