Japan Average Monthly Wages  Forecast


Wages in Japan is expected to be 672.00 JPY Thousand/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 306.00 in 12 months time. In the long-term, the Japan Average Monthly Wages is projected to trend around 701.00 JPY Thousand/Month in 2020, according to our econometric models.


Japan Average Monthly Wages
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Japan Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 2.8 3 3.2 3.2 3.3 3.8
Employed Persons 65650 65641 65635 65630 65627 65596
Unemployed Persons 1860 1842 1846 1850 1854 1889
Part Time Employment 7047 7041 7036 7031 7026 6980
Full Time Employment 21257 21126 21044 20971 20908 20593
Employment Rate 59.2 59.32 59.33 59.37 59.4 59.58
Labor Force Participation Rate 60.9 61.19 61.2 61.3 61.35 61.67
Long Term Unemployment Rate 1.3 1.28 1.29 1.3 1.31 1.72
Youth Unemployment Rate 4.8 4.85 4.87 4.89 4.91 5.09
Productivity 102 99.85 99.4 98.98 98.59 95.66
Job Vacancies 977 981 979 977 974 951
Job Advertisements 284 319 332 323 319 301
Wages 302 672 322 545 306 701
Wages in Manufacturing 334 808 350 563 342 822
Wage Growth 0.9 0.58 0.58 0.65 0.72 1.09
Minimum Wages 823 823 860 860 860 900
Population 127 126 126 126 127 124
Retirement Age Women 62 62 62 62 61.81 63
Retirement Age Men 62 62 62 62 61.81 63