Senior Situation: Elderly to Account for 40% of Japanese in 2060


Advertisement
by Kathy Jones on  June 18, 2012 at 9:47 PM Lifestyle News
  •   Print
  •   Share
  •   Comments
  •  Text 
A report by the Japanese government has revealed that the proportion of people aged 65 or over will reach nearly 40 percent of the population in 2060. The report also warned that the nation's economic prospects depend on making them productive.
 Senior Situation: Elderly to Account for 40% of Japanese in 2060

With its shrinking labour force, Japan "needs to realise a society where ageing people can participate in the labour market or in social activities" to boost its economic growth, the cabinet office said in a white paper.

The paper said many older people were keen to remain economically active.

But it added: "That strong desire among ageing people is not resulting in actual job opportunities".

Japan's population is declining and ageing as young people increasingly put off starting families, seeing them as a crimp on their lifestyles and careers. A slow economy has also discouraged young people from having babies.

The number of people aged 65 or over stood at 29.75 million as of October 1 last year, or 23.3 percent, an all-time high and one of the highest proportions of elderly people in the world.

An ageing population causes all manner of difficulties, most notably for Japan's government finances, already hard pressed by two decades of economic stagnation.

More retirees inevitably means more spending on social security at a time when Japan's public debt, at twice GDP, is already one of the industrialised world's largest.

Source-AFP
Do you like this Report?
0

 Email Email  RSS Feeds RSS Feeds  Print this page Print  Save this page Save  Link Link  Syndicate Syndicate  Comments Comments 
 
Comment & Contribute
Comments should be on the topic and should not be abusive. Comments are normally moderated and are reviewed after they are posted.
* Your comment can be maximum of 2500 characters

Notify me when reply is posted
I agree to the terms and conditions
  
If you have a question about health related issues, you can now post it in our Ask An Expert section on our community website Medwonders.com and get answers from our panel of experts.
X

Related Links

Lifestyle Related News

  • Health News Index
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Advertisement
News Archive
Date :
Category :
Keyword :
  • News Quick Links
News Central Health Watch
Latest Health News Health In Focus
News Category (500+) Breaking Health News
Popular News Celebrating Life
Health News and Press Release Medindia - Exclusive
News Photo Gallery India Special
News Video Gallery Lifestyle and Wellness
News From Other Resources
News Categories:  
Sexual Health Center