Japan population: One in 10 people now aged 80 or older

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Japan population: One in 10 people now aged 80 or older
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The world's most elderly country has long struggled with how to provide for its ageing population.

is among the highest across major economies - workers aged 65 or more make up more than 13% of the national workforce.Japan has approved a record budget for the next fiscal year, in part due to rising social security costs.

Efforts to boost its birth rates have also met with little success amid the growing cost of living, and notoriously long working hours. Birth rates are slowing in many countries, including Japan's neighbours, but the problem is particularly acute in Japan. The country was estimated to have had fewer than 800,000 babies born last year - the lowest number since records began in the 19th century.Prime Minister Fumio Kishida said in January thatHowever authorities remain hesitant about accepting migrant workers as a solution to falling fertility.since 1961, while South Korea has reported the lowest fertility rate in the world.

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