Japan Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Japan is expected to be 3.79 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Japan to stand at 3.87 in 12 months time. In the long-term, the Japan Youth Unemployment Rate is projected to trend around 3.87 percent in 2020, according to our econometric models.


Japan Youth Unemployment Rate
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Japan Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.5 2.4 2.4 2.6 2.4 2.8
Employed Persons 66930 67080 67419 67733 68025 70418
Unemployed Persons 1720 1733 1736 1734 1735 1735
Full Time Employment 22353 22169 21976 21973 21990 21989
Part Time Employment 7135 7174 7208 7250 7290 7738
Employment Rate 60.1 59.3 59.3 59.4 59.5 59.7
Labor Force Participation Rate 61.7 61 61 61.1 61.2 61.5
Youth Unemployment Rate 3.8 3.79 3.86 3.87 3.87 3.87
Productivity 115 107 111 106 110 106
Job Vacancies 992 990 996 1001 1005 1019
Job Advertisements 379 351 358 366 348 358
Wages 309633 545000 306000 689000 328000 707000
Wages in Manufacturing 339328 563000 342000 825000 356000 846000
Wage Growth 0.8 1.22 1.08 1.17 1.17 1.18
Minimum Wages 848 848 848 848 870 900
Population 127 126 127 126 127 124
Retirement Age Women 62 62 62 62 62 63
Retirement Age Men 62 62 62 62 62 63