Labor Compensation: Earnings: Manufacturing: Monthly for Japan
Monthly, Not Seasonally Adjusted
LCEAMN03JPM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.15
Year-over-Year Change
1.93%
Date Range
1/1/1960 - 10/1/2023
Summary
This economic trend measures manufacturing employment in Japan on a monthly, non-seasonally adjusted basis. It is a key indicator of the health and performance of Japan's industrial sector.
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 Monthly, Not Seasonally Adjusted manufacturing employment trend provides raw data on the number of individuals employed in Japan's manufacturing industries each month. This unadjusted figure is useful for analyzing underlying patterns and trends in the labor market.
Methodology
The data is collected through surveys of Japanese businesses and compiled by the Japanese government.
Historical Context
This metric is closely watched by economists and policymakers to assess the strength of Japan's manufacturing base and broader economic conditions.
Key Facts
- Japan is the world's third-largest economy.
- Manufacturing accounts for over 20% of Japan's GDP.
- The sector employs nearly 10 million workers in Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in Japan's manufacturing industries on a monthly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted data on manufacturing employment is a key indicator of the health and performance of Japan's industrial sector, which is vital to the country's overall economic strength.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Japanese businesses and compiled by the Japanese government.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the strength of Japan's manufacturing base and broader economic conditions, which informs decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a delay of several weeks before the latest figures become available.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LCEAMN03JPM661N), retrieved from FRED.