Japan’s unemployment rate fell to 2.7% in October 2021, better than the 2.8% consensus forecast and registering at the lowest level since March 2021. The number of unemployed fell by 3.7% to 1.82 million from the previous month and employment was down by 0.4% to 66.24 million. The labor force declined by 0.5% to 68 million and those detached from the labor force increased 0.8% to 42.15 million. Meanwhile, the jobs-to-application ratio posted at 1.15, down from 1.16 in the previous month and lower than the 1.17 market forecast. source: Ministry of Internal Affairs & Communications

Unemployment Rate in Japan averaged 2.72 percent from 1953 until 2021, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1 percent in November of 1968. This page provides the latest reported value for - Japan Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Unemployment Rate in Japan is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Unemployment Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Japan Unemployment Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-28 11:30 PM Sep 2.8% 2.8% 2.8% 2.8%
2021-11-29 11:30 PM Oct 2.7% 2.8% 2.8% 2.8%
2021-12-27 11:30 PM Nov


Related Last Previous Unit Reference
Unemployment Rate 2.70 2.80 percent Oct/21
Employment Rate 60.40 60.50 percent Oct/21
Labor Force Participation Rate 62.00 62.30 percent Oct/21
Youth Unemployment Rate 4.20 4.20 percent Sep/21
Jobs To Applications Ratio 1.15 1.16 Oct/21

News Stream
Japan Jobless Rate Falls to 2.7% in October
Japan’s unemployment rate fell to 2.7% in October 2021, better than the 2.8% consensus forecast and registering at the lowest level since March 2021. The number of unemployed fell by 3.7% to 1.82 million from the previous month and employment was down by 0.4% to 66.24 million. The labor force declined by 0.5% to 68 million and those detached from the labor force increased 0.8% to 42.15 million. Meanwhile, the jobs-to-application ratio posted at 1.15, down from 1.16 in the previous month and lower than the 1.17 market forecast.
2021-11-30
Japan Jobless Rate Steady at 2.8% for 3rd Month
Japan’s unemployment rate was at 2.8 percent in September 2021, unchanged from the previous two months and in line with market consensus. The number of unemployed fell by 20 thousand from the previous month to 1.89 million and employment was down by 280 thousand to 66.48 million. The labor force declined by 310 thousand to 68.35 million and those detached from the labor force increased 170 thousand to 41.83 million. The non-seasonally adjusted labor force participation rate edged up to 62.3 percent in September from 62.2 in the same month a year earlier. Meantime, the jobs-to-application ratio unexpectedly was at a 16-month high of 1.16 in September, compared with forecasts and August's reading of 1.14.
2021-10-28
Japan Jobless Rate Unexpectedly Unchanged at 2.8%
Japan’s unemployment rate unexpectedly was at 2.8 percent in August 2021, unchanged from the previous month and below market consensus of 2.9 percent. The number of unemployed rose by 10 thousand from the previous month to 1.91 million while employment was down by 320 thousand to 66.76 million. The labor force declined by 330 thousand to 68.66 million and those detached from the labor force increased 320 thousand to 41.66 million. The non-seasonally adjusted labor force participation rate rose to 62.4 percent in June from 62.1 in the same month a year earlier. Meantime, the jobs-to-application ratio edged down to 1.14 in August from 1.15 in the prior month and in line with forecasts.
2021-09-30

Japan Unemployment Rate
In Japan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.