Japan Average Monthly Wages in Manufacturing - Forecast

Wages in Manufacturing in Japan is expected to be 342000.00 JPY/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Japan to stand at 578000.00 in 12 months time. In the long-term, the Japan Average Monthly Wages in Manufacturing is projected to trend around 846000.00 JPY/Month in 2020, according to our econometric models.


Japan Average Monthly Wages in Manufacturing
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Japan Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.2 2.3 2.3 2 2 2.8
Employed Persons 66730 67207 67484 67733 67970 69744
Unemployed Persons 1510 1479 1438 1402 1372 1240
Part Time Employment 7252 7302 7344 7385 7426 7835
Full Time Employment 22309 22007 21999 22018 22018 22017
Employment Rate 60.3 59.6 59.2 61.2 59.5 60.5
Labor Force Participation Rate 61.7 61.3 60.8 61.5 61.5 62.5
Youth Unemployment Rate 3.4 3.59 3.59 3.57 3.57 3.57
Productivity 96.7 107 102 106 102 102
Job Vacancies 964 974 976 976 976 977
Wages 309902 306000 689000 328000 559000 707000
Wages in Manufacturing 329384 342000 825000 356000 578000 846000
Wage Growth 2.1 1.28 1.43 1.52 1.49 1.49
Minimum Wages 848 848 848 870 870 900
Population 127 127 126 127 126 124
Retirement Age Women 62 62 62 62 62 63
Retirement Age Men 62 62 62 62 62 63