Unemployment in Japan
Japan - UnemploymentThe economy likely rebounded in the fourth quarter following the third quarter’s dismal performance when a series of natural disasters severely disrupted economic activity. Industrial production was much stronger in October and November than the Q3 average, mainly due to solid domestic demand. Moreover, the unemployment rate likely remained at low levels in Q4, supporting private consumption. Looking forward, however, economic activity appears to be losing steam. The manufacturing PMI stalled in January, with new export orders dipping further as external demand started to falter. Moreover, Keidanren, Japan’s largest business organization, has not called for wage hikes this year as it did in 2018. This could compromise Prime Minister Shinzo Abe’s strategy of pinning hopes on strong consumption in order to ensure Japan doesn’t reexperience deflation.
Japan - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Japan Unemployment Chart
Source: Statistics Bureau of Japan.
|Bond Yield||-0.01||-4.41 %||Feb 14|
|Exchange Rate||111.5||-0.35 %||Feb 14|
|Stock Market||21,111||0.11 %||Feb 14|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
February 14, 2019
The economy rebounded in the last quarter of 2018, after a series of natural disasters and weak investment caused a contraction in the third quarter.
January 31, 2019
Industrial production declined 0.1% on a month-on-month and seasonally-adjusted basis in December, following November’s 1.0% contraction.
January 30, 2019
Consumer sentiment fell from 42.7 in December to 41.9 in January, marking the lowest reading since December 2016.
January 24, 2019
The Nikkei flash manufacturing Purchasing Managers’ Index (PMI) fell sharply from December’s revised 52.6 (previously reported: 52.4) to 50.0 in January, the lowest print since October 2016.
January 23, 2019
Nominal yen-denominated merchandise exports fell 3.8% year-on-year in December, contrasting the 0.1% increase in November.