Population growth rate is -0.5%
Fertility rate is 1.34 births per women
Current birthrate is 7.013 births per 1000 people, 1.35% decline from 2022
Monthly salary is $2,130.488
Fewer women in Japan are having babies
Leads to reduction in birth rates
Many Japanese women work in high-tech industries and their careers may be affected by being a mother
Children are becoming increasingly expensive due to increased childcare costs
Japanese people are putting off having children until later in life to focus on their careers and enjoy a better standard of living
Attitude towards birth rate due to low wages and their lack of capability when raising children
Once of the highest suicide rates (deaths and suicides from overwork)
Shortage of workers in the future
Fewer people available to innovate in the country’s high-tech sector
Shrinking workforce to fund pensions and health care due to massive increase in elderly population
More retirees and less workers
Japan will have to reconsider their immigration policies in hope to counteract labor shortages and demographic imbalances
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Japan’s population structure is negative growth
Increased pressure on health and social care services
Increased pressure on public transport because elderly people are less likely to drive
Financial pressure to provide pensions to a larger number of people
The need to increase tax rates in order to cover the costs for pensions
Population structure depends on: age, gender, ethnicity, density
Japan has a decline in younger population
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Japan has a large proportion of elderly people, due to an increase in life expectancy