Japan’s unemployment rate unexpectedly was at 2.9 percent in November 2020, the lowest since July, compared with market consensus and October's figure of 3.1 percent. The number of unemployed declined by 160 thousand from the previous month to 1.98 million in November, while employment increased by 430 thousand to 67.01 million. The non-seasonally adjusted labor force participation rate currently edged down to 62.3 percent from 62.4 in October. Meantime, the jobs-to-application ratio rose to 1.06, the highest in four months, from 1.04 in the previous month. A year earlier, the unemployment rate was at 2.2 percent. source: Ministry of Internal Affairs & Communications

Unemployment Rate in Japan averaged 2.72 percent from 1953 until 2020, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1 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 December of 2020.

Unemployment Rate in Japan is expected to be 3.20 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 3.00 in 12 months time. In the long-term, the Japan Unemployment Rate is projected to trend around 3.10 percent in 2021 and 3.20 percent in 2022, according to our econometric models.

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Japan Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.10 5.50 1.00 1953 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-01 11:30 PM Aug 3.0% 2.9% 3% 3%
2020-10-29 11:30 PM Sep 3% 3% 3.1% 2.9%
2020-11-30 11:30 PM Oct 3.1% 3% 3.1% 2.9%
2020-12-24 11:30 PM Nov 2.9% 3.1% 3.1% 3.2%
2021-01-28 11:30 PM Dec 2.9% 3.2%
2021-03-01 11:30 PM Jan
2021-03-29 11:30 PM Feb
2021-04-27 11:30 PM Mar
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Japan Jobless Rate Falls to 4-Month Low
Japan’s unemployment rate unexpectedly was at 2.9 percent in November 2020, the lowest since July, compared with market consensus and October's figure of 3.1 percent. The number of unemployed declined by 160 thousand from the previous month to 1.98 million in November, while employment increased by 430 thousand to 67.01 million. The non-seasonally adjusted labor force participation rate currently edged down to 62.3 percent from 62.4 in October. Meantime, the jobs-to-application ratio rose to 1.06, the highest in four months, from 1.04 in the previous month. A year earlier, the unemployment rate was at 2.2 percent.
2020-12-24
Japan’s Jobless Rate Edges Up
Japan’s unemployment rate inched up to 3.1 percent in October from 3.0 percent in the previous month, up from 2.4 percent in the same month of the previous year. The print matched expectations and was the highest since May 2017. The number of employed persons increased by 30 thousand to 66.58 million, while the number of unemployed increased by 80 thousand to 21.4 million. Meanwhile, the jobs-to-application ratio inched up to 1.04 from 1.03 in the previous month, surpassing consensus of also 1.03.
2020-11-30
Japan Jobless Rate Rises to Over 3-Year High
The unemployment rate in Japan edged up to 3.0 percent in August 2020 compared to 2.9 percent in the prior month, matching market expectations. It was still the highest jobless rate since May 2017 and is higher than the 2.2 percent in the same month of the previous month. The number of unemployed increased by 4.6 percent to 2.05 million while employment edged up 0.2 percent to 66.59 million. The jobs-to-applicants ratio slumped to 1.04 in August from 1.08 in July, marking the lowest reading since January 2014.
2020-10-01
Japan Jobless Rate Inches Up to 2.9%
The unemployment rate in Japan edged up to 2.9 percent in July 2020 compared to 2.8 percent in the prior month and market expectations of 3 percent. It was still the highest jobless rate since May 2017 and is higher than the 2.2 percent in the same month of the previous month. The number of unemployed increased by percent to 1.96 million while employment edged up 0.2 percent to 66.48 million. The jobs-to-applicants ratio slumped to 1.08 in July from 1.11 in June, marking the lowest reading since April 2014.
2020-08-31

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.