Declining Population In Japan

“The aging and declining population will have far-reaching impacts. Declining fertility rates will possibly increase immigration. The structure of family and society will inevitably change,” said Toshihiko Fukui, a Japanese economist and central banker. He was the 29th Governor of the Bank of Japan and a Director of the Bank for International Settlements. The aging population of Japan which is supposed to be handled and resolved by the government is currently not being taken care of. The government is currently upkeeping strict laws about immigration inhibiting immigrants to increase Japan’s population, they are also not doing a sustainable job of taking care of their people as death by overwork is still on the rise and increasing. Also japanese

This happens more than the government of Japan cares to admit. This occurs when Japanese people turn 20 and start looking at big companies at which they can work at and earn a good amount of money. However when the employees are in their late 50’s and don’t become experts in anything new, companies already start to look for people to replace them, as they turn 60 employees get a reduced salary and face retirement with no money. But the average japanese person might still have 30 years left to live, which they do not have enough money to just be sitting around doing nothing, especially in the city of Tokyo. In result, japanese people never stop learning and trying to specialize in new things which means they overwork their bodies till a point of no return. However according to the Japanese Labor Law, employees are only supposed to work 40 hours a week and 8 hours every day. However if the worker or the company wishes to extend these hours they must follow certain regulations according to Labor Standards Act No. 36. In Article 33 it states that the company must pay “premium wages” for extra hours at a range no less than 25 % and no more than 50% of their normal wages per working hour or day (Labor Standard Acts ). However if the working hours exceeds 60 hours per month the company must pay at a rate no less than 50% of their normal wage. Also, Japanese

Not only has this affected immigration, but it has created more problems within the workplace such as death and fertility rates to drop. For this crisis to be averted world wide a boom in Japan’s fertility rate would not be viewed in a positive light as there is an overpopulation problem happening world-wide. However in Japan’s perspective increasing immigration regulations to allow more people to become permanent residents would be beneficial, but this would be difficult as the Japanese culture invites those who have descendants, therefore are originally from Japan . Also investing in stricter laws about overwork would lower Japan’s death rate and possibly increase fertility rates as it would lower stress in the japanese population of losing jobs. The japanese government would also need to create a more appropriate setting for pregnant japanese women in the workplace to stop maternity harassment, but this would not be an easy solution with a quick fix. This problem, as you can see, has various different viewpoints with different angles to solve its problem. All of the solutions mentioned before would need not only patience but