Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Japan
LFEASETTJPM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,040,000.00
Year-over-Year Change
1.67%
Date Range
1/1/1965 - 5/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Japan' measures employment in the service sector of the Japanese economy. This key indicator provides insight into the overall health and dynamics of the Japanese labor market.
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
This data series tracks the total number of employed persons in the Japanese service sector, which includes industries such as retail, hospitality, finance, and healthcare. Service sector employment is a vital component of Japan's economy and an important gauge of economic performance.
Methodology
The data is collected through national labor force surveys conducted by the Japanese government.
Historical Context
This employment trend is closely monitored by policymakers, economists, and investors to assess the strength of the Japanese economy and inform economic decision-making.
Key Facts
- Japan's service sector accounts for over 70% of its total employment.
- Service sector employment in Japan has remained relatively stable in recent years.
- The COVID-19 pandemic had a significant impact on service sector jobs in Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the service sector of the Japanese economy, providing insight into the health of the labor market.
Q: Why is this trend relevant for users or analysts?
A: Service sector employment is a critical indicator of Japan's economic performance and is closely monitored by policymakers, economists, and investors to inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Japanese government.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of the Japanese economy and inform decisions related to fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is typically updated on a regular basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Japan (LFEASETTJPM647N), retrieved from FRED.