Due to Japan’s rapid aging, the country will face a huge shortage of workers in 2040. The country is already struggling to fill all vacancies, but it will be even worse in 2040 due to a shortage of over eleven million workers .
This is the conclusion of the think tank Recruit Works based on a study based on the decline in the working population since 2027. Compared to last year, the researchers predict a twelve percent decrease in the number of employees in 2040. The working population, the number of inhabitants of working age, will then have fallen to almost 60 million. Japan currently has a population of approximately 126 million.
Meanwhile, Prime Minister Fumio Kishida is trying to increase the number of births by encouraging the birth of children. In recent years, the number of births has dropped to historic lows. Kishida therefore fears a collapse of society.
Measures
The researchers also note that shortages will be felt fastest in labour-intensive sectors such as construction, healthcare and transport. The Japanese government is already looking at ways to address the shortage of truck drivers. In addition, the government has committed 1 trillion yen (the equivalent of almost 7 billion euros) for the training of highly qualified personnel.
Source: BNR
Sharon Rock is an author and journalist who writes for 24 News Globe. She has a passion for learning about different cultures and understanding the complexities of the world. With a talent for explaining complex global issues in an accessible and engaging way, Sharon has become a respected voice in the field of world news journalism.
