Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Japan
Annual, Seasonally Adjusted
LFUNTTTTJPA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,763,333.00
Year-over-Year Change
-38.07%
Date Range
1/1/1955 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the total labor force participation rate in Japan. This key economic indicator provides insights into the size and engagement of Japan's working-age population.
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 labor force participation rate is the proportion of the working-age population that is either employed or actively seeking work. This metric is widely used by economists and policymakers to assess the overall health and growth potential of the Japanese economy.
Methodology
The data is collected through national labor force surveys conducted by the Japanese government.
Historical Context
Labor force participation is a critical input for economic modeling, labor market analysis, and policy decisions in Japan.
Key Facts
- Japan's labor force participation rate was 62.4% in 2021.
- The participation rate has declined from a high of 63.8% in 2013.
- Women's participation has increased in recent decades, reaching 52.5% in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' series measures the overall labor force participation rate in Japan, representing the proportion of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic health and growth potential, providing insights into the size and engagement of Japan's working-age population.
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: Labor force participation is a critical input for economic modeling, labor market analysis, and policy decisions in Japan.
Q: Are there update delays or limitations?
A: The data is published annually with a brief delay, and may be subject to revisions by the Japanese government.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUNTTTTJPA647S), retrieved from FRED.