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Addressing the declining labor force in Japan

  • May 20, 2018
  • , NHK
  • JMH Summary

Sunday’s “NHK Special” reported on the declining population in Japan, focusing on the labor force. The program said that in about 30 years, the total population of Japan will drop to about 100 million and the labor force will drop by about 35 million from its peak. The key to addressing the declining labor force is elderly people and foreigners. The program said “silver human resources centers,” where the average age of prospective employees is 72, have been expanding their activities, saying that elderly people have become essential personnel in many sectors. The program also reported that companies are becoming increasingly dependent on foreign workers, especially Vietnamese workers, adding, however, that countries such as Taiwan, South Korea, and European nations are also seeking to attract Vietnamese workers.

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