The unemployment rate in Japan remained unchanged at 3.0 percent in September 2020 compared to the prior month, below market expectations of 3.1 percent. It was still the highest jobless rate since May 2017 and is higher than the 2.4 percent in the same month of the previous month. The number of unemployed increased by 0.5 percent to 2.06 million while employment edged down 0.1 percent to 66.55 million. The jobs-to-applicants ratio slumped to 1.03 in September from 1.04 in July, marking the lowest reading since December 2013. source: Ministry of Health, Labour and Welfare, Japan
Jobs To Applications Ratio in Japan averaged 0.90 from 1963 until 2020, reaching an all time high of 1.93 in November of 1973 and a record low of 0.42 in August of 2009. This page provides - Japan Jobs To Applications Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Jobs To Applications Ratio - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Jobs To Applications Ratio in Japan is expected to be 1.40 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Jobs To Applications Ratio in Japan to stand at 1.60 in 12 months time. In the long-term, the Japan Jobs To Applications Ratio is projected to trend around 1.60 in 2021, according to our econometric models.