Japan Unemployment Rate  Forecast


Unemployment Rate in Japan is expected to be 3.20 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 3.20 in 12 months time. In the long-term, the Japan Unemployment Rate is projected to trend around 3.80 percent in 2020, according to our econometric models.


Japan Unemployment Rate
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Japan Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 2.8 3.2 3.3 3.2 3.2 3.8
Employed Persons 65450 65492 65648 65783 65912 66925
Unemployed Persons 1900 1910 1922 1917 1921 1919
Part Time Employment 7141 7130 7125 7119 7114 7063
Full Time Employment 21289 21214 21120 21038 20966 20590
Employment Rate 59.1 58.31 58.14 58.51 58.43 58.4
Labor Force Participation Rate 60.8 60.55 60.54 60.54 60.54 60.54
Long Term Unemployment Rate 1.3 1.29 1.28 1.29 1.3 1.72
Youth Unemployment Rate 4.9 4.97 4.96 4.97 5 5.19
Productivity 102 104 98.32 103 98.24 98.33
Job Vacancies 949 955 950 947 944 918
Job Advertisements 395 384 385 381 384 383
Wages 428 308 672 322 545 701
Wages in Manufacturing 594 332 808 350 563 822
Wage Growth -0.3 0.32 0.33 0.4 0.49 1.01
Minimum Wages 823 823 823 860 860 900
Population 127 126 126 126 126 124
Retirement Age Women 62 62 62 62 62 63
Retirement Age Men 62 62 62 62 62 63