Unemployment in Japan

Japan Unemployment | Economic News & Forecasts

Japan - Unemployment

The economy returned to growth in the fourth quarter following a short-lived contraction in Q3 when a series of natural disasters disrupted business and consumer activities. Domestic demand drove Q4’s recovery, while external demand remained relatively weak despite rebounding. Available data for this year suggests that growth momentum remains frail. Global trade uncertainty, the economic slowdown in China and a downturn in the global tech cycle are weighing on the external sector. This, in turn, hurt manufacturing activities, as reflected by the manufacturing PMI which hit a nearly three-year low in February. Moreover, the lack of progress made in Prime Minister Shinzo Abe’s strategy to boost wages is gradually eroding consumer confidence, keeping private consumption subdued.

Japan - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate4.0  3.6  3.4  3.1  2.8  

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Japan Unemployment Chart

Japan Unemployment
Note: Unemployment in % of active population.
Source: Statistics Bureau of Japan.

Japan Facts

Bond Yield-0.04-4.41 %Mar 20
Exchange Rate110.7-0.35 %Mar 20
Stock Market21,6090.40 %Mar 20

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