| Economy Grows, but Aging Takes
its Toll
For the first time, the number of households in Japan receiving
welfare benefits exceeded one million in 2005, according to
a Ministry of Health, Labor and Welfare report on 26th February.
The ministry said the high number was mainly due to an increase
in the number of elderly people eligible for welfare. During
the boom of the late 1980s and early 1990s, the number of
households receiving welfare dropped, but now with a greater
proportion of the country aging even the economic upswing
of 2005 has not reversed the previous high reached in fiscal
2004.
This occurrence puts even more pressure on government estimates
for taxation, pensions and welfare as the population starts
to decline and more rapidly age as a whole.
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