Labor Compensation: Earnings: Manufacturing: Monthly for Japan
Annual, Not Seasonally Adjusted
LCEAMN03JPA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.30
Year-over-Year Change
6.88%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted level of compensation for employees in Japan. It provides insight into overall wage growth and labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual, Not Seasonally Adjusted series tracks employee compensation in Japan, including wages, salaries, and benefits. It is a key indicator used by economists and policymakers to analyze labor market trends and assess the state of the broader economy.
Methodology
The data is collected through surveys of employers by the Japanese government.
Historical Context
This trend is closely monitored by the Bank of Japan and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Japan's employee compensation has risen by an average of 2% per year over the past decade.
- Nominal wage growth has outpaced inflation in Japan in recent years.
- Compensation levels vary widely across different industries and regions in Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted level of compensation for employees in Japan, including wages, salaries, and benefits.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into overall wage growth and labor market conditions in Japan, which are key factors for economists and policymakers to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the Japanese government.
Q: How is this trend used in economic policy?
A: The Bank of Japan and other institutions closely monitor this trend to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LCEAMN03JPA661N), retrieved from FRED.