Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Japan
Annual, Seasonally Adjusted
LRHUTTTTJPA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.55
Year-over-Year Change
-41.38%
Date Range
1/1/1955 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the total unemployment rate in Japan. This key economic indicator provides insight into the overall health and stability 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
The Annual, Seasonally Adjusted unemployment rate is a widely followed statistic that tracks the percentage of the Japanese civilian labor force that is jobless but actively seeking employment. It is a crucial metric for policymakers and analysts to assess economic performance and guide employment policies.
Methodology
This data is collected through household surveys conducted by the Japanese government's statistical agencies.
Historical Context
The unemployment rate is a critical input for the Bank of Japan and other institutions when formulating monetary and fiscal policies.
Key Facts
- Japan's unemployment rate averaged 2.8% from 2010-2019.
- The unemployment rate reached a high of 5.4% during the 2008-2009 global financial crisis.
- Japan has one of the lowest unemployment rates among major developed economies.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series tracks the total unemployment rate in Japan, representing the percentage of the civilian labor force that is jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Japanese unemployment rate is a key barometer of the health of the world's third-largest economy and a critical input for policymakers and analysts when assessing economic conditions and formulating policies.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the Japanese government's statistical agencies.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for the Bank of Japan and other institutions when formulating monetary and fiscal policies to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: There may be a short delay in the release of the latest unemployment data, and the figures are subject to periodic revisions by the statistical agencies.
Related Trends
Compensation of Employees in Japan
JPNCOMPQDSNAQ
Hours: Overtime Hours: Manufacturing: Monthly for Japan
HOOVMN03JPM661N
Real Private Consumption Excluding Imputed Rent for Japan
JPNRGDPEIR
Real Private Sector, Changes in Inventories for Japan
NINVPRSAXDCJPQ
Real Net Exports of Good and Services for Japan
JPNRGDPNGS
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Japan
LRACTTTTJPM156S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUTTTTJPA156S), retrieved from FRED.