Japan Unemployment Rate

The unemployment rate in Japan was last reported at 4.3 percent in July of 2012. Historically, from 1953 until 2012, Japan Unemployment Rate averaged 2.67 Percent reaching an all time high of 5.60 Percent in July of 2009 and a record low of 1.00 Percent in November of 1968. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Japan Unemployment Rate.


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Japan Unemployment Rate up to 4.6% in January
Published on 3/2/2012 12:10:30 PM  | By TradingEconomics.com, the Ministry of Internal Affairs and Communications

Japan's seasonally adjusted unemployment rate rose to 4.6 percent in January from a downwardly revised 4.5 percent in December, with the data pointing to already employed people seeking higher-paid positions.

The number of unemployed persons in January 2012 was 2.91 million, a decrease of 190 thousand or 6.1% from the previous year.

The number of employed persons in January 2012 was 62.11 million, a decrease of 480 thousand or 0.8% from the previous year.

The deterioration comes as more new jobseekers, especially women, entered the market and temporarily boosted the number of unemployed, the Ministry of Internal Affairs and Communications said in a preliminary report.

Seeking higher salaries, many of those people have been quitting their former jobs voluntarily, rather than being dismissed by employers, the ministry said, adding this was a sign of turnaround in the economy and "not bad."

Job availability in the country improved in January for the eighth consecutive month, with the ratio of employment offers to seekers rising to 0.73 from December's 0.71, according to the Ministry of Health, Labor and Welfare. It means 73 positions were available for every 100 jobseekers.



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Unemployment Rate

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment. Related terms are the labour force, the participation rate and the employment rate. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The non-labour force includes those who are not looking for work, those who are institutionalised such as in prisons or psychiatric wards, stay-at home spouses, children, and those serving in the military. The participation rate is the number of people in the labour force divided by the population of working age that is not institutionalised. The employment rate is defined as the number of people currently employed divided by the population of working age.


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