Detailed text transcripts for TV channel - CNN - 20181021:17:41:00
Dramatically. in september japan hit a new record. nearly 70,000 people over 100 years of age. it already had the most per capita in the world. and 27% of the population is 65 or older compared to less than 9% globally. all this has stunning implications for japan's economy. in less than 50 years, the working population could shrink by nearly half. already firms complain of labor shortages and the ratio of job openings to applicants has reached a 40-year high. all this means japan could lose a percentage point of gdp growth over the next three decades according to the imf. some proposed soluti...