Japan’s unemployment rate unexpectedly was at 2.6 percent in June 2022, the same as in the prior month and compared with market consensus of 2.5 percent. The number of unemployed was unchanged at 1.8 million while employment was up by 120 thousand to 67.36 million. The labor force increased by 120 thousand to 69.16 million and those detached from the labor force fell 150 thousand to 40.98 million. The non-seasonally adjusted labor force participation rate rose to 63.0 percent in June from 62.4 in the same month a year earlier. Meantime, the jobs-to-application ratio went up to a 26-month high of 1.27 in June from 1.24 in May and beating forecasts of 1.25. A year earlier, the unemployment rate was at 2.9 percent. source: Ministry of Internal Affairs & Communications

Unemployment Rate in Japan averaged 2.72 percent from 1953 until 2022, 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 August of 2022.

Unemployment Rate in Japan is expected to be 2.40 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 2023, according to our econometric models.

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Japan Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-30 11:30 PM May 2.6% 2.5% 2.5% 2.5%
2022-07-28 11:30 PM Jun 2.6% 2.6% 2.5% 2.6%
2022-08-29 11:30 PM Jul 2.6%


Related Last Previous Unit Reference
Unemployment Rate 2.60 2.60 percent Jun 2022
Employment Rate 61.30 61.00 percent Jun 2022
Labor Force Participation Rate 63.00 62.70 percent Jun 2022
Youth Unemployment Rate 4.40 3.80 percent Jun 2022
Jobs To Applications Ratio 1.27 1.24 Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.60 5.50 1.00 1953 - 2022 percent Monthly
SA

News Stream
Japan Jobless Rate Unexpectedly Stays at 2.6%
Japan’s unemployment rate unexpectedly was at 2.6 percent in June 2022, the same as in the prior month and compared with market consensus of 2.5 percent. The number of unemployed was unchanged at 1.8 million while employment was up by 120 thousand to 67.36 million. The labor force increased by 120 thousand to 69.16 million and those detached from the labor force fell 150 thousand to 40.98 million. The non-seasonally adjusted labor force participation rate rose to 63.0 percent in June from 62.4 in the same month a year earlier. Meantime, the jobs-to-application ratio went up to a 26-month high of 1.27 in June from 1.24 in May and beating forecasts of 1.25. A year earlier, the unemployment rate was at 2.9 percent.
2022-07-28
Japan Jobless Rate Unexpectedly Inches Higher
Japan’s unemployment rate unexpectedly was at 2.6 percent in May 2022, compared with market consensus and April's figure of 2.5 percent. The number of unemployed went up by 40 thousand from the previous month to 1.8 million and employment was down by 140 thousand to 67.24 million. The labor force dropped by 140 thousand to 69.04 million and those detached from the labor force fell 40 thousand to 41.13 million. The non-seasonally adjusted labor force participation rate increased to 62.7 percent in May from 62.5 in the same month a year earlier. Meantime, the jobs-to-application ratio edged up to a 25-month high of 1.24 in May from 1.23 in April and matching forecasts. A year earlier, the unemployment rate was at 3.0 percent.
2022-06-30
Japan Unemployment Rate Falls to 2.5% in April
Japan’s unemployment rate fell to 2.5% in April 2022, lower than the 2.6% reported in March which was also the consensus forecast for April. This marked the lowest reading since March 2020. The number of unemployed dropped by 10.9% or 23 thousand to 1.88 million from a year ago, while those employed increased 0.4% or 24 thousand to 67.27 million. The non-seasonally adjusted labor force participation rate also stood at 62.6%. Meanwhile, the job availability ratio improved to 1.23 in April from 1.22 in the previous month, meaning there were 123 job openings for every 100 job seekers.
2022-05-31