Japan’s Bad Demographics

More CS factoids on Japan’s relatively worse predicament than the U.S., this time touching on troubling demographic differences further fueling deflation.

  • Japan labour force peaked in 1998 at 67.9mn and has declined at an annual rate of 0.2% since then
  • U.S. immigration and birth rate means labour force has increased at an annual rate of 0.8% over the last 10 years