There are more people aged 65 and over in the U.S. than under 5 for the first time ever. Here is what that could mean.
People are living longer and having fewer children in developed countries, presenting new challenges and opportunities around the globe. In fact, there will be more older adults than children in our country in less than two decades. The cause is largely twofold: the large contingent of baby boomers is graying while fertility rates have stagnated or headed downward. And the U.S. is not alone.
In Japan, more than 1 in 4 people are 65 or older and the overall population is declining. While Japan has the world’s oldest population, Western European countries, including Germany, Italy, France and Spain, are not far behind. Eastern European countries are even closer to having declining populations, with many expected to shrink in only a few short years. All world regions have fertility rates at or below replacement level, with the exception of Africa.
Why Are Populations Shrinking? Click below to read full article.
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