Newsweek (March 9)
“America’s teenage population is expected to shrink in the coming decade, whilst the number of people aged 70 or over expands by 14.5 million” as the 70 or over senior population is expected “to boom from 40.8 million to 55.3 million by 2033.” In the two decades since 1971, the U.S. fertility rate fell by 27%. The average woman now bears only 1.66 children, down from 2.26 fifty years ago.
Tags: 1.66 children, 2033, 70 or over, Boom, Fertility rate, Population, Seniors, Shrink, Teenage, U.S., Woman
The Economist (February 16)
“Ageing and robots are more closely related than you might think. Young countries with many children have few robots. Ageing nations have lots.” South Korea, Singapore, Germany and Japan top the list, but there needs to be a shift in focus. “An ageing world needs more resourceful robots” that can help care for seniors “rather than take people’s jobs.”
South China Morning Post (December 1)
Moody’s downgraded Japan’s credit rating by one notch from Aa3 for to A1. “Despite the rating cut, Moody’s noted that Japan was not in a disastrous situation.” The Post explains that “Japan, which once led the world in innovation, is facing stiff competition from emerging nations including China, while a falling number of working-age people is shrinking its tax base even as soaring ranks of seniors strain the public purse.”
Tags: China, Competition, Credit rating, Downgrade, Emerging nations, Innovation, Japan, Moody's, Seniors, Tax base
Wall Street Journal (April 15)
“Japan still firmly leads the world in aging.” Over a quarter (25.1%) of Japan’s population is now over 65. The next grayest countries are Germany and Italy with roughly 21% over 65.
