Labor Market Strategies - Bank of Japan suggests increasing female full-time employment to alleviate labor shortages [1] - Bank of Japan proposes employing more foreign workers to counter the effects of an aging population and low birth rate [1] Economic Challenges - Japan faces a labor squeeze due to its aging population and low birth rate [1]

[Music] Japan is having fewer babies than ever [Music] before. Meanwhile, the number of very elderly people is at a record high. This year brings the country to a tipping point known as the 2025 problem with Japan's huge postwar baby boom generation now all in their mid to late 70s.When it comes to living with a shrinking and aging population, the data clearly shows that Japan is ahead of other countries, but also that its path isn't unique, and neither are the potential solutions. So, the rest of the world ...