Japan Real Time Charts and Data

Edward Hugh is only able to update this blog from time to time, but he does run a lively Twitter account with plenty of Japan related comment. He also maintains a collection of constantly updated Japan data charts with short updates on a Storify dedicated page Is Japan Once More Back in Deflation?

Friday, September 28, 2007

Japan Employment and Unemployment August 2007

Well, as reported in the Financial Times today, Japanese unemployment crept up slightly last month:

Japan’s jobless rate rose for the first time in 11 months as more people sought work, underlining concerns about the slow pace at which economic growth has translated into higher wages.

The unemployment rate rose 0.2 point to 3.8 per cent in August, while the job to job-seekers ratio deteriorated slightly from 1.07 to 1.06. The unemployment rate for women rose from 3.3 per cent to 3.7 per cent, according to official figures released on Friday.

Here's the monthly chart:

Also the number of persons employed dropped back slightly. As can be seen from the chart this seems to have peaked in May.

A much fuller analysis of the recent dynamics of the Japanese labour market can be found in this post.