Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Japan
Annual, Not Seasonally Adjusted
LRUN74TTJPA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.59
Year-over-Year Change
-41.31%
Date Range
1/1/1978 - 1/1/2024
Summary
This economic trend measures the annual unemployment rate in Japan, a key indicator of the country's labor market health and economic performance.
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, not seasonally adjusted unemployment rate for Japan provides a comprehensive overview of the domestic job market, reflecting the overall supply and demand for labor. This metric is closely monitored by policymakers and analysts to assess the strength of the Japanese economy.
Methodology
The data is collected through household surveys conducted by the Japanese government.
Historical Context
The unemployment rate is a critical input for economic policy decisions and forecasting by central banks, government agencies, and private sector analysts.
Key Facts
- Japan's unemployment rate averaged 2.7% from 2010-2019.
- The unemployment rate reached a high of 5.4% in 2009 during the global financial crisis.
- Women have historically faced higher unemployment rates than men in Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in Japan, providing a comprehensive overview of the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic performance and a key input for policymakers and analysts when evaluating the strength of the Japanese economy.
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: The unemployment rate is a critical input for economic policy decisions and forecasting by central banks, government agencies, and private sector analysts in Japan.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data for Japan is published with a relatively short delay, typically within a few months of the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN74TTJPA156N), retrieved from FRED.