TOKYO (AP) — Japan’s population of 128 million will shrink by one-third and seniors will account for 40 percent of people by 2060, placing a greater burden on a smaller working-age population to support the social security and tax systems.
The grim estimate was released Monday by the Health and Welfare Ministry.
In 2060, Japan will have 87 million people. The national work force of people between ages 15 and 65 will shrink to about half of the total population.
 
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