The projected change in the 25-34 year old bracket is -8.8%.
These trends are not only true in the United States.
The old are growing older, living longer and they are healthier than ever.
Breakthroughs in medicine have enabled people to live much longer.
Japan, just like the United States is going to have to attempt to retain some of this group in the workforce to compensate for the continually falling birthrate in their country. Since 1995 Germany, France and Italy have experienced a continual fall in working population ages 15-64.
This trend is projected to continue into the year 2000.
Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.
According to a definition, ‘Brain Drain’, academically also known as the “human capital flight” is the large scale migration of highly educated, skilled and talented people of less economically advanced countries to highly rich and developed countries of the world due to conflicted issues, political instability and lack of opportunities in the developing countries.
Japan is also going to be coping with similar problems.
Today the people over age 65 compose 16% of Japan's population, but by the year 2020 it is projected that percentage will soar to 26.3%.