The seasonally adjusted unemployment rate in Japan edged up to 2.5 percent in January 2019 from 2.4 percent in the previous month and slightly above market expectations of 2.4 percent. Meanwhile, the jobs-to-applicants ratio remained unchanged at 1.63 and in line with consensus. Unemployment Rate in Japan averaged 2.73 percent from 1953 until 2019, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1 percent in November of 1968.

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. Looking forward, we estimate Unemployment Rate in Japan to stand at 2.50 in 12 months time. In the long-term, the Japan Unemployment Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Japan Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-29 11:30 PM Unemployment Rate 2.4% 2.3% 2.3% 2.3%
2018-12-27 11:30 PM Unemployment Rate 2.5% 2.4% 2.4% 2.4%
2019-01-31 11:30 PM Unemployment Rate 2.4% 2.5% 2.4% 2.4%
2019-02-28 11:30 PM Unemployment Rate 2.5% 2.4% 2.4% 2.4%
2019-03-28 11:30 PM Unemployment Rate 2.5% 2.4% 2.50%
2019-04-26 11:30 PM Unemployment Rate 2.4%
2019-05-28 11:30 PM Unemployment Rate 2.50%



Japan Jobless Rate Inches Higher to 2.5% in January

The seasonally adjusted unemployment rate in Japan edged up to 2.5 percent in January 2019 from 2.4 percent in the previous month and slightly above market expectations of 2.4 percent. Meanwhile, the jobs-to-applicants ratio remained unchanged at 1.63 and in line with consensus.

The number of unemployed increased 80 thousand from a month earlier to 1.72 million in January, while employment fell 320 thousand to 66.65 million. The labor force dropped 210 thousand to 68.39 million and those detached from the labor force rose 230 thousand to 42.51 million.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, inched lower to 3.2 percent in January from 3.3 percent in December.

A year earlier, the unemployment rate was lower at 2.4 percent.


Statistics Japan | Rida Husna | rida@tradingeconomics.com
3/1/2019 11:26:13 AM



Japan Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.50 2.40 5.50 1.00 percent [+]
Employed Persons 66650.00 66680.00 67130.00 38370.00 Thousand [+]
Unemployed Persons 1720.00 1670.00 3680.00 490.00 Thousand [+]
Part Time Employment 7129.00 7305.00 7400.00 1988.00 Thousand [+]
Full Time Employment 22067.00 21973.00 22384.00 19397.00 Thousand [+]
Employment Rate 59.70 60.00 63.50 55.90 percent [+]
Labor Force Participation Rate 61.20 61.40 74.00 58.50 percent [+]
Youth Unemployment Rate 3.20 3.30 10.90 1.60 percent [+]
Productivity 101.60 98.90 120.40 68.30 Index Points [+]
Job Vacancies 990.91 980.06 1026.96 266.29 Thousand [+]
Wages 312860.00 692030.00 883791.00 52914.00 JPY/Month [+]
Wages in Manufacturing 341922.00 839280.00 868487.00 9785.00 JPY/Month [+]
Wage Growth 1.20 1.50 35.02 -7.10 percent [+]
Minimum Wages 874.00 848.00 874.00 663.00 JPY/Hour [+]
Population 126.71 126.93 128.06 83.20 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 60.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.40 5.50 1.00 1953 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 13.50 Dec/18
Brazil 12.00 Jan/19
Italy 10.50 Jan/19
Argentina 9.10 Dec/18
France 8.80 Dec/18
Euro Area 7.80 Jan/19
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Feb/19
Indonesia 5.34 Sep/18
Australia 4.90 Feb/19
Russia 4.90 Feb/19
United Kingdom 3.90 Jan/19
China 3.80 Dec/18
United States 3.80 Feb/19
South Korea 3.70 Feb/19
Mexico 3.60 Jan/19
Netherlands 3.40 Feb/19
Germany 3.20 Jan/19
Switzerland 2.70 Feb/19
Japan 2.50 Jan/19
Singapore 2.20 Dec/18


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