Japan's unemployment rate stood at 2.5% in May 2026, unchanged from the previous month and in line with market expectations. The rate remained at its lowest level since July 2025, as the number of unemployed fell by 50 thousand to a 10-month low of 1.74 million, while employment rose by 610 thousand to a record high of 68.82 million. The labor force also increased by 20 thousand to an all-time high of 70.57 million. Meanwhile, the number of people outside the labor force declined by 40 thousand to a record low of 38.96 million. On a non-seasonally adjusted basis, the labor force participation rate edged up to 64.6%, from 64.4% in April and 64.0% a year earlier, indicating continued improvement in labor market participation. At the same time, the jobs-to-applicants ratio slipped to 1.17 from 1.18 in both March and April, marking the lowest reading in five months and suggesting hiring demand softened slightly despite the still-tight labor market. source: Ministry of Internal Affairs & Communications
Unemployment Rate in Japan remained unchanged at 2.50 percent in May. Unemployment Rate in Japan averaged 2.71 percent from 1953 until 2026, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1.00 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 July of 2026.
Unemployment Rate in Japan remained unchanged at 2.50 percent in May. Unemployment Rate in Japan is expected to be 2.50 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 2027 and 2.30 percent in 2028, according to our econometric models.