Lessons from Japan's Aging Workforce for the US Economy
The article compares Japan's successful adaptation to its aging population, with nearly 30% of its citizens over 65 still working, to the US, which has a younger demographic but is also facing an aging workforce. Japan's government supports older workers through legislation, job programs, and healthcare, helping mitigate economic challenges. The US can learn from Japan's policies to better support its aging population, including expanding phased-retirement, training, and job redesign, while addressing issues like healthcare and labor market participation.
