Japan Unemployment Rate

Unemployment Rate in Japan decreased to 2.40 percent in December from 2.50 percent in November of 2018. Unemployment Rate in Japan averaged 2.73 percent from 1953 until 2018, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1 percent in November of 1968.

Unemployment Rate in Japan is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Japan to stand at 2.50 in 12 months time. In the long-term, the Japan Unemployment Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-10-29	11:30 PM	Unemployment Rate	2.3%	2.4%	2.4%	2.4%
2018-11-29	11:30 PM	Unemployment Rate	2.4%	2.3%	2.3%	2.3%
2018-12-27	11:30 PM	Unemployment Rate	2.5%	2.4%	2.4%	2.4%
2019-01-31	11:30 PM	Unemployment Rate	2.4%	2.5%	2.4%	2.4%
2019-02-28	11:30 PM	Unemployment Rate		2.4%	2.4%	2.50%
2019-03-28	11:30 PM	Unemployment Rate				2.50%
2019-04-26	11:30 PM	Unemployment Rate				2.4%

Japan Jobless Rate Edges Down to 2.4% in December

The unemployment rate in Japan inched lower to 2.4 percent in December 2018 from 2.5 percent in the previous month and matching market expectations. Meanwhile, the jobs-to-applicants ratio remained unchanged at 1.63 and in line with consensus.

The number of unemployed declined by 60 thousand from a month earlier to 1.67 million in December, and employment fell 450 thousand to 66.68 million. The labor force dropped 510 thousand to 68.37 million and those detached from the labor force increased 460 thousand to 42.51 million.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, fell to 3.3 percent in December from 3.5 percent in November.

A year earlier, the unemployment rate was higher at 2.7 percent.

Statistics Japan | Rida Husna | rida@tradingeconomics.com
2/1/2019 11:09:57 AM

News

Japan Jobless Rate Rises to 2.5% in November
The unemployment rate in Japan edged up to 2.5 percent in November of 2018 from 2.4 percent in the previous month and slightly above market expectations of 2.4 percent. Meanwhile, the jobs-to-applicants ratio edged up to 1.63 from 1.62 in October to match expectations.
Published on 2018-12-28

Japan Jobless Rate Inches Higher to 2.4% in October
The unemployment rate in Japan edged up to 2.4 percent in October of 2018 from a 4-month low of 2.3 percent in the previous month and slightly above market expectations of 2.3 percent. Meanwhile, the jobs-to-applicants ratio fell unexpectedly to 1.62 from 1.64 in September and missing estimates of 1.65.
Published on 2018-11-30

Japan Jobless Rate Falls to 4-Month Low
The unemployment rate in Japan edged down to 2.3 percent in September of 2018 from 2.4 percent in the previous month and slightly below market expectations of 2.4 percent. It was the lowest jobless rate since May. Meanwhile, the jobs-to-applicants ratio inched higher to 1.64 from 1.63 in September and was the the highest since January 1974.
Published on 2018-10-30

Japan Jobless Rate Below Forecasts in August
The unemployment rate in Japan edged down to 2.4 percent in August of 2018 from 2.5 percent in the previous month and slightly below market expectations of 2.5 percent. Meanwhile, the jobs-to-applicants ratio stood at 1.63, the same as in July and the highest since January 1974.
Published on 2018-09-28

Japan Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.40	2.50	5.50	1.00	percent	[+]
Employed Persons	66680.00	67130.00	67130.00	38370.00	Thousand	[+]
Unemployed Persons	1670.00	1730.00	3680.00	490.00	Thousand	[+]
Part Time Employment	7305.00	7202.00	7400.00	1988.00	Thousand	[+]
Full Time Employment	21973.00	22300.00	22384.00	19397.00	Thousand	[+]
Employment Rate	60.00	60.40	63.50	55.90	percent	[+]
Labor Force Participation Rate	61.40	61.90	74.00	58.50	percent	[+]
Youth Unemployment Rate	3.30	3.50	10.90	1.60	percent	[+]
Productivity	98.90	104.90	120.40	68.30	Index Points	[+]
Job Vacancies	980.06	972.37	1026.96	266.29	Thousand	[+]
Wages	692030.00	321210.00	883791.00	52914.00	JPY/Month	[+]
Wages in Manufacturing	839280.00	366945.00	868487.00	9785.00	JPY/Month	[+]
Wage Growth	1.80	1.70	35.02	-7.10	percent	[+]
Minimum Wages	874.00	848.00	874.00	663.00	JPY/Hour	[+]
Population	126.71	126.93	128.06	83.20	Million	[+]
Retirement Age Women	62.00	62.00	62.00	60.00		[+]
Retirement Age Men	62.00	62.00	62.00	60.00		[+]

In Japan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.40	2.50	5.50	1.00	1953 - 2018	percent	Monthly	SA

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Country	Last		Previous	Range
South Africa	27.10	Dec/18	27.5	31.2 : 21.5	%
Spain	14.45	Dec/18	14.55	26.94 : 4.41	%
Turkey	12.30	Nov/18	11.6	14.8 : 7.3	%
Brazil	11.60	Dec/18	11.6	13.7 : 6.2	%
Italy	10.30	Dec/18	10.5	13.1 : 5.8	%
Argentina	9.00	Sep/18	9.6	20.8 : 5.9	%
France	8.80	Dec/18	9.1	10.7 : 7.2	%
Euro Area	7.90	Dec/18	7.9	12.1 : 7.3	%
India	6.10	Dec/18	3.52	8.3 : 3.41	%
Saudi Arabia	6.00	Sep/18	6	6.3 : 4.35	%
Canada	5.80	Jan/19	5.6	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.00	Dec/18	5.1	11.2 : 4	%
Russia	4.80	Dec/18	4.8	14.1 : 4.5	%
South Korea	4.40	Jan/19	3.8	7.1 : 3	%
United Kingdom	4.00	Nov/18	4.1	12 : 3.4	%
United States	4.00	Jan/19	3.9	10.8 : 2.5	%
China	3.80	Dec/18	3.82	4.3 : 3.8	%
Netherlands	3.60	Dec/18	3.5	7.9 : 3.5	%
Mexico	3.40	Dec/18	3.3	6.42 : 2.22	%
Germany	3.30	Dec/18	3.3	11.5 : 0.4	%
Switzerland	2.80	Jan/19	2.7	5.7 : 1.5	%
Japan	2.40	Dec/18	2.5	5.5 : 1	%
Singapore	2.20	Dec/18	2.1	6 : 1.4	%