The jobs-to-applications ratio in Japan decreased to 1.15 in October 2021 from 1.16 in the previous month, and registered lower than market expectation of an increase to 1.17. The lower ratio in October coincides with the lifting of the state of emergency and border restrictions as workers in the services sector including as restaurants and bars returned. source: Ministry of Health, Labour and Welfare, Japan

Jobs To Applications Ratio in Japan averaged 0.90 from 1963 until 2021, reaching an all time high of 1.93 in November of 1973 and a record low of 0.42 in August of 2009. This page provides - Japan Jobs To Applications Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Jobs To Applications Ratio - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Jobs To Applications Ratio in Japan is expected to be 1.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Jobs To Applications Ratio is projected to trend around 1.20 in 2022 and 1.60 in 2023, according to our econometric models.

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Japan Jobs To Applications Ratio

Calendar GMT Actual Previous Consensus TEForecast
2021-10-28 11:30 PM Sep 1.16 1.14 1.14 1.14
2021-11-29 11:30 PM Oct 1.15 1.16 1.17 1.16
2021-12-27 11:30 PM Nov

Related Last Previous Unit Reference
Unemployment Rate 2.70 2.80 percent Oct/21
Part Time Employment 7351.00 7372.00 Thousand Sep/21
Full Time Employment 22126.00 22182.00 Thousand Sep/21
Job Vacancies 802.82 799.91 Thousand Oct/21
Wages 304417.00 305911.00 JPY/Month Sep/21
Wage Growth 0.20 0.20 percent Oct/21
Minimum Wages 930.00 902.00 JPY/Hour Oct/21
Wages in Manufacturing 335241.00 340788.00 JPY/Month Sep/21
Retirement Age Women 65.00 63.00 Dec/20
Retirement Age Men 65.00 63.00 Dec/20
Jobs To Applications Ratio 1.15 1.16 Oct/21
Japan Jobs To Applications Ratio
The series refers to the ratio of active job openings to applicants is a rate of the number of job offers (sum of the carried forward ones from the previous month and new ones) to the number of job seekers registered at public employment security offices ("Hello Work") all over the country. It indicates the number of job offers per one job seeker. The ratio is obtained by dividing monthly active job openings by monthly active applications.