Japan Average Monthly Wages  Forecast


Japan Average Monthly Wages
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Wages in Japan is expected to be 672000.00 JPY/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Japan to stand at 306000.00 in 12 months time. In the long-term, the Japan Average Monthly Wages is projected to trend around 701000.00 JPY/Month in 2020, according to our econometric models.


Japan Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2.8 2.9 3 3 3.3 3.8
Employed Persons 65440 65479 65469 65465 65461 65432
Unemployed Persons 1870 1869 1872 1875 1879 1911
Part Time Employment 7084 7041 7036 7031 7026 6980
Full Time Employment 21310 21126 21044 20971 20908 20593
Employment Rate 59.2 58.91 59.14 59.15 59.19 59.47
Labor Force Participation Rate 60.8 60.45 60.86 60.89 61 61.53
Long Term Unemployment Rate 1.3 1.28 1.29 1.3 1.31 1.72
Youth Unemployment Rate 5.1 4.97 5.02 5.04 5.06 5.22
Productivity 104 99.85 99.4 98.98 98.59 95.66
Job Vacancies 965 968 967 964 962 938
Job Advertisements 400 343 366 362 354 325
Wages 300874 672000 322000 545000 306000 701000
Wages in Manufacturing 332670 808 350 563 342 822
Wage Growth 0.6 0.69 0.7 0.78 0.83 1.14
Minimum Wages 823 823 860 860 860 900
Population 127 126 126 126 127 124
Retirement Age Women 62 62 62 62 62 63
Retirement Age Men 62 62 62 62 62 63