China's working-age population dropped by record number in 2015

China’s working age (16-59) population dropped by a record 4.87 million in 2015, bringing its workforce to 911 million, The Wall Street Journal reported, citing figures released by the National Bureau of Statistics. The accelerating fall correlates with a fall in migrant workers, who decreased in 2015 by 5.68 million to 247 million people–the first drop in three decades. The country’s shrinking labor pool is helping up wages, with advocacy group China Labour Bulletin recording 2,774 labor incidents in 2015, double the previous year’s figure. The United Nations projects that the number of Chinese over the age of 65 will jump 85% to 243 million by 2030, up from 131 million this year.