With declining birth rate and ageing population, we know there is a huge challenge ahead as our population ages. This essay will explore the repercussions of these issues and solutions to them.

Such significant demographic changes could have a negative impact on almost everything, from health and social care services to pensions provision and employment practices. To illustrate, with a low birth rate and increasing life expectancy, there will be fewer caregivers, labor force, tax-payers, but an increasing number of unwell and pensioners in the society. This could result in the government finding itself hardly make ends meet, and our society losing workforce as the fuel to develop.

There are some key areas where progress could be made. They include making it easier for older people to continue to work when they want to. For instance, the government of Japan has implemented policies to make it more attractive for employers to take on older employees who might be seen as risky before, thus maintaining their independence for longer and postponing the date of receiving their pension.

Migration can also offset some of the adverse effects of an ageing population on the labour market. Employment vacancies, especially for construction, farm work, and other manual work, can be filled by relatively younger migrants. In this way, society could get galvanised.

To sum up, it is time for us to face up to the demographic change. To address these issues, we could take well advantage of policy, as well as immigrants from foreign countries.