Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Japan
Annual, Seasonally Adjusted
LRUN64TTJPA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.67
Year-over-Year Change
-41.50%
Date Range
1/1/1968 - 1/1/2024
Summary
This economic trend measures the annual unemployment rate for Japan, adjusted for seasonal variations. It provides important insights into the 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 for Japan is a key macroeconomic indicator used to assess the overall employment situation and business cycle in the country. It is closely monitored by policymakers, economists, and investors to inform economic decision-making.
Methodology
The data is collected through household surveys conducted by the Japanese government.
Historical Context
The unemployment rate is a vital statistic for understanding Japan's economic performance and informing fiscal and monetary policies.
Key Facts
- Japan's annual unemployment rate averaged 2.8% from 2010-2019.
- The unemployment rate peaked at 5.4% in 2009 during the global financial crisis.
- Japan has one of the lowest unemployment rates among developed economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual unemployment rate in Japan, adjusted for seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the Japanese labor market and economy, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Japanese government.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the unemployment rate to assess the strength of the Japanese economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The unemployment data is released on a regular schedule, but there may be slight delays in the most recent figures.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN64TTJPA156S), retrieved from FRED.