Japan Average Monthly Wages - Forecast

Wages in Japan is expected to be 322000.00 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 689000.00 in 12 months time. In the long-term, the Japan Average Monthly Wages is projected to trend around 707000.00 JPY/Month in 2020, according to our econometric models.


Japan Average Monthly Wages
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Japan Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 2.8 2.8 2.8 2.9 2.9 2.8
Employed Persons 65510 65500 65493 65489 65485 65447
Unemployed Persons 1860 1861 1865 1869 1873 1915
Part Time Employment 7289 7264 7260 7255 7250 7189
Full Time Employment 21136 21070 20996 20931 20874 20550
Employment Rate 58.9 59.13 59.14 59.18 59.23 59.54
Labor Force Participation Rate 60.5 60.84 60.9 60.99 61.1 61.64
Long Term Unemployment Rate 1.3 1.29 1.28 1.28 1.28 1.63
Youth Unemployment Rate 4.6 4.52 4.61 4.63 4.65 4.92
Productivity 104 101 101 100 99.74 95.77
Job Vacancies 1027 1036 1035 1033 1030 1002
Job Advertisements 345 348 345 334 332 304
Wages 666448 322000 545000 306000 689000 707000
Wages in Manufacturing 814939 350000 563000 342000 812000 826000
Wage Growth 0.7 0.78 0.8 0.86 0.9 1.23
Minimum Wages 848 848 848 848 848 900
Population 127 126 126 127 126 124
Retirement Age Women 62 62 62 62 62 63
Retirement Age Men 62 62 62 62 62 63