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. 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 July of 2022.

Unemployment Rate in Japan is expected to be 2.50 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
2022-05-30 11:30 PM Apr 2.5% 2.6% 2.6% 2.6%
2022-06-30 11:30 PM May 2.6% 2.5% 2.5% 2.5%
2022-07-28 11:30 PM Jun 2.6%


Related Last Previous Unit Reference
Unemployment Rate 2.60 2.50 percent May 2022
Employment Rate 61.00 60.90 percent May 2022
Labor Force Participation Rate 62.70 62.60 percent May 2022
Youth Unemployment Rate 3.80 4.10 percent May 2022
Jobs To Applications Ratio 1.24 1.23 May 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 2.50 5.50 1.00 1953 - 2022 percent Monthly
SA

News Stream
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
Japan Jobless Rate Falls to 2.6% in March
Japan’s unemployment rate fell to a 1-year low of 2.6% in March 2022, lower than the 2.7% reported in February which was also the consensus forecast for March. The number of unemployed dropped by 4.8% or 90 thousand to 1.8 million, while those employed declined slightly by 0.2% or 110 thousand to 66.84 million. The non-seasonally adjusted labor force participation rate also stood at 62.1%. Meanwhile, the jobs-to-application ratio was at a near 2-year high of 1.22 in March, in line with market expectations and rising 0.01 point from the previous month.
2022-04-26