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Trends: One in 10 Japanese are older than 80, government data

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Greater than 10 p.c of Japanese folks have crossed 80 years or older for the primary time, new official information confirmed, because the nation faces a quickly greying inhabitants.

Authorities information launched on October 17, forward of Monday’s “Respect for Aged Day” nationwide vacation, additionally confirmed that the share of Japan’s inhabitants at 65 or older expanded to a report 29.1 p.c from 29.0 p.c a 12 months in the past. The extent in contrast with second-ranked Italy’s 24.5 p.c and third-ranked Finland’s 23.6 p.c, in accordance with the interior affairs ministry. “Japan has the highest percentage of elderly population in the world,” the ministry stated in a press launch.

For many years, Japan has seen its inhabitants shrink and get older as younger folks delay marriage and kids. The ministry stated that with the newborn boomer inhabitants turning 75 or older, Japan’s 124.4 million individuals are persevering with to get older. Round 12.59 million individuals are 80 or older whereas 20 million are 75 or older, it stated.

An aged labour power

Nonetheless, retirement and aged care packages haven’t been upgraded. In consequence, greater than 9 million aged folks (65+) are working, accounting for 13.6 p.c of the workforce, or one in seven employees in Japan.

Really, 1 / 4 of all aged in Japan have jobs, lower than South Korea’s 36.2 p.c, however far forward of different growing international locations reminiscent of america at 18.6 p.c, and France at 3.9 p.c. Greater than a 3rd of individuals between70 to 74 have jobs in Japan, the information confirmed.

By 2040, Japan’s aged inhabitants is projected to account for 34.8 p.c of the inhabitants.

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