Japan’s population fell to 120.3 million as of October 2024, a drop of 898,000 people from the previous year, the largest decrease since 1950, according to official data. The country continues to struggle with one of the world’s lowest birth rates, leading to a shrinking workforce and fewer consumers, with businesses facing difficulties in recruiting workers.
The government has been attempting to support young families who wish to have children but face economic challenges. Chief Cabinet Secretary Yoshimasa Hayashi acknowledged the issue, stating, “We understand that the declining birthrate is continuing because many people who wish to raise children are not able to fulfill their wishes.”
Japan’s total population, including foreign nationals, also fell by 550,000 people to 123.8 million, marking the 14th straight year of decline. Many young people are delaying marriage and childbirth due to job insecurity and changing social values.
In response, the government is working to increase wages for young people and offering child-rearing assistance. Hayashi concluded, “We will promote comprehensive measures to realize a society where everyone who wishes to have children can have children and raise them with peace of mind.”