Japan’s unemployment was at 2.6% in February 2024, compared with market forecasts and January's figure of 2.4%. It was the highest level since last September, as the number of unemployed increased by 120 thousand to 1.82 million and employment gained 220 thousand to 67.83 million. The labor force rose by 310 thousand to 69.66 million while those detached from the labor force fell by 240 thousand to 40.28 million. The non-seasonally adjusted labor force participation rate was up to 62.8% in February from 62.1% in the same month a year earlier. Meanwhile, the jobs-to-applications edged down to 1.26 in February, the lowest level since May 2022. source: Ministry of Internal Affairs & Communications

Unemployment Rate in Japan increased to 2.60 percent in February from 2.40 percent in January of 2024. Unemployment Rate in Japan averaged 2.72 percent from 1953 until 2024, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1.00 percent in November of 1968. 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 - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.

Unemployment Rate in Japan increased to 2.60 percent in February from 2.40 percent in January of 2024. 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. In the long-term, the Japan Unemployment Rate is projected to trend around 2.70 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-29 11:30 PM
Unemployment Rate
Jan 2.4% 2.4% 2.4% 2.4%
2024-03-28 11:30 PM
Unemployment Rate
Feb 2.6% 2.4% 2.4% 2.4%
2024-04-29 11:30 PM
Unemployment Rate
Mar 2.6% 2.5% 2.40%


Related Last Previous Unit Reference
Employment Rate 61.20 61.10 percent Feb 2024
Jobs/applications ratio 1.26 1.27 Feb 2024
Labor Force Participation Rate 62.80 62.60 percent Feb 2024
Unemployment Rate 2.60 2.40 percent Feb 2024
Youth Unemployment Rate 4.10 3.40 percent Feb 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.40 5.50 1.00 1953 - 2024 percent Monthly
SA

News Stream
Japan Jobless Rate Unexpectedly Rises
Japan’s unemployment was at 2.6% in February 2024, compared with market forecasts and January's figure of 2.4%. It was the highest level since last September, as the number of unemployed increased by 120 thousand to 1.82 million and employment gained 220 thousand to 67.83 million. The labor force rose by 310 thousand to 69.66 million while those detached from the labor force fell by 240 thousand to 40.28 million. The non-seasonally adjusted labor force participation rate was up to 62.8% in February from 62.1% in the same month a year earlier. Meanwhile, the jobs-to-applications edged down to 1.26 in February, the lowest level since May 2022.
2024-03-28
Japan Jobless Rate Stays at 2.4% in January
Japan’s unemployment rate stood at 2.4% in January 2024, unchanged from the previous month which was also the consensus forecast. It was the lowest jobless rate since January last year as the number of employed persons increased by 250,000 to 67.14 million, while the unemployed declined by 10,000 to 1.63 million. Meanwhile, the jobs-to-applications ratio stood at 1.27 in January, indicating there were 127 job openings for every 100 job seekers.
2024-02-29
Japan Jobless Rate Falls to 2.4% in December
Japan’s unemployment rate fell to 2.4% in December from 2.5% in the previous two months, which was also the consensus forecast. It was the lowest jobless rate since January as the number of employed persons increased by 380,000 to 67.54 million, while the unemployed declined by 20,000 to 1.56 million. Meanwhile, the jobs-to-applications ratio stood at 1.27 in December, indicating there were 127 job openings for every 100 job seekers.
2024-01-29