Unemployment in Japan

Japan Unemployment | Economic News & Forecasts

Japan - Unemployment

Available data points to an improving but still-subdued panorama in the third quarter, following the sharp contraction sustained by the economy in the second quarter. The unemployment rate hit an over three-year high in August, while consumer confidence remained mired in pessimism, despite improving to its best level since February, likely keeping a lid on the rebound in private consumption in the third quarter. Moreover, the much-studied Tankan business confidence survey for Q3 remained deeply negative, boding ill for capital spending in the period. Turning to Q4, the economy began the period on a muted footing, with the composite PMI remaining deep in contractionary territory in October. Moreover, the recent resurgence in cases abroad could weigh on the external sector in the months ahead.

Japan - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate3.4  3.1  2.8  2.4  2.4  

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Japan Unemployment Chart

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

Japan Facts

Value Change Date
Bond Yield-0.02-4.41 %Dec 30
Exchange Rate108.7-0.35 %Jan 01

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