Japan’s unemployment rate unexpectedly was at 2.8 percent in July 2021, compared with market consensus and June's figure of 2.9 percent. This was the lowest jobless rate in three months, as the number of unemployed declined by 120 thousand from the previous month to 1.90 million while employment was up by 420 thousand to 67.08 million. The labor force increased by 280 thousand to 68.99 million and those detached from the labor force dropped 310 thousand to 41.34 million. The non-seasonally adjusted labor force participation rate rose to 62.5 percent in July from 61.8 in the same month a year earlier. Meantime, the jobs-to-application ratio rose to a 14 month- high of 1.15 in July from 1.13 in the prior month and compared with forecasts of 1.12. source: Ministry of Internal Affairs & Communications

Unemployment Rate in Japan averaged 2.72 percent from 1953 until 2021, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1 percent in November of 1968. This page provides the latest reported value for - Japan Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Unemployment Rate in Japan is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Unemployment Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Japan Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.90 5.50 1.00 1953 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-27 11:30 PM Apr 2.8% 2.6% 2.7% 2.7%
2021-06-28 11:30 PM May 3% 2.8% 2.9% 2.8%
2021-07-29 11:30 PM Jun 2.9% 3% 3% 3%
2021-08-30 11:30 PM Jul 2.8% 2.9% 2.9% 2.9%
2021-09-30 11:30 PM Aug 2.8% 2.9% 2.8%
2021-10-28 11:30 PM Sep
2021-11-29 11:30 PM Oct
2021-12-27 11:30 PM Nov


News Stream
Japan Jobless Rate Unexpectedly at 3-Month Low
Japan’s unemployment rate unexpectedly was at 2.8 percent in July 2021, compared with market consensus and June's figure of 2.9 percent. This was the lowest jobless rate in three months, as the number of unemployed declined by 120 thousand from the previous month to 1.90 million while employment was up by 420 thousand to 67.08 million. The labor force increased by 280 thousand to 68.99 million and those detached from the labor force dropped 310 thousand to 41.34 million. The non-seasonally adjusted labor force participation rate rose to 62.5 percent in July from 61.8 in the same month a year earlier. Meantime, the jobs-to-application ratio rose to a 14 month- high of 1.15 in July from 1.13 in the prior month and compared with forecasts of 1.12.
2021-08-30
Japan Jobless Rate Unexpectedly Edges Down
Japan’s unemployment rate unexpectedly was 2.9 percent in June 2021, compared with market consensus and May's five-month high of 3.0 percent. The number of unemployed declined by 20 thousand from the previous month to 2.02 million while employment was up by 210 thousand to 66.66 million. The labor force increased by 150 thousand to 68.71 million and those detached from the labor force dropped 270 thousand to 41.65 million. The non-seasonally adjusted labor force participation rate rose to 62.4 percent in June from 61.9 in the same month a year earlier. Meantime, the jobs-to-application ratio rose to a 13 month high of 1.13 in June from 1.09 in the prior month and compared with forecasts of 1.1.
2021-07-29
Japan Jobless Rate Highest in 5 Months
Japan’s unemployment rate rose to 3.0 percent in May 2021 from 2.8 percent a month earlier and above market consensus of 2.9 percent. This was the highest rate since December 2020, as the number of unemployed increased by 100 thousand from the previous month to 2.04 million while employment was down by 130 thousand to 66.45 million. The labor force dropped by 60 thousand to 68.56 million and those detached from the labor force went up 170 thousand to 41.92 million. The non-seasonally adjusted labor force participation rate rose to 62.2 percent in May from 61.8 in the same month a year earlier. Meantime, the jobs-to-application ratio was at 1.09 in May, unchanged from the prior month and compared with consensus of 1.08.
2021-06-28
Japan Jobless Rate Rises to 2.8%
Japan’s unemployment rate rose to 2.8 percent in April 2021 from an 11-month low of 2.6 percent a month earlier and above market consensus of 2.7 percent. The number of unemployed increased by 140 thousand from the previous month to 1.94 million while employment was down by 260 thousand to 66.58 million. The labor force dropped by 30 thousand to 68.62 million and those detached from the labor force fell 60 thousand to 41.75 million. The non-seasonally adjusted labor force participation rate rose to 62.2 percent in April from 61.5 in the same month a year earlier. Meantime, the jobs-to-application ratio was at 1.09 in April, compared with consensus and March's reading of 1.1. A year earlier, the unemployment rate was at 2.6 percent.
2021-05-27

Japan Unemployment Rate
In Japan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.