Friday, August 4, 2023

Japan Jobless Rate: Updated Nov. 7, 2023.

 Article Source:  https://mainichi.jp/english/articles/20230801/p2g/00m/0bu/007000c

Article:

TOKYO (Kyodo) -- Japan's unemployment rate fell to 2.5 percent in June from 2.6 percent a month earlier amid the receding impact of the coronavirus pandemic, while the number of employed female workers reached a record-high 30.65 million, government data showed Tuesday.

    The job availability ratio, meanwhile, fell 0.01 point from May to 1.30, with the number of job offers rermaining around the same even as more people seek out work to cope with increased living expenses. The figure indicates there were 130 job openings for every 100 job seekers.

    Ideas:

    Its good that the number of female workers as reached a recorded high of 30.65 million, what kind of jobs do they have and do they get the same salaries as male workers.

    And its also good that there 130 jobs for every 100 job seekers but again what kind of jobs are being offered. Are they full-time full benefit jobs or are they contact, less benefit type jobs.

    Another consideration these days are do the jobs provide for flexibility with remote type work or are they, depending on the type of job, fixed jobs in one area.

    Article:

    According to labor force data released by the Ministry of Internal Affairs and Communications, the number of employed people rose by 260,000 in June from a year earlier to 67.85 million, with women seeing an increase of 240,000 to 30.65 million, the highest number since comparable data became available in 1953.

    On a seasonally adjusted basis, the number of unemployed people dropped 40,000 from the previous month to 1.73 million. Among them, 710,000 people voluntarily left their jobs and 440,000 people were dismissed, both unchanged.

    Ideas:

    Of the 240,00 women who got jobs how many of the jobs were full-time paying jobs with good salaries and good benefits.

    Or were the jobs related to service sector type jobs such as at restaurants, hotels, and retail type jobs.

    Of the 710,000 who voluntarily left there jobs, how many left there jobs to search for a new job and or did they get a new job and then quit their old job.

    Of the 440,000 who were dismissed, how many were dismissed because of poor economic or business situations and or because of poor performance.

    Article:

    By sector, the number of people working in the accommodation and restaurant businesses rose 4.7 percent from a year earlier to 3.97 million.

    "We think the impact of the coronavirus pandemic is fading little by little," an official at the ministry said, adding that the downgrading of COVID-19's classification in May to a level equivalent to the seasonal flu is encouraging people to go out which is increasing demand for workers.

    Ideas:

    The accommodation and restaurant sector was the hardest hit sector during the pandemic and maybe many of the workers that might have been laid-off because of the pandemic found new jobs and didn't go back to their old jobs before the pandemic.

    As demand has increased at hotels and restaurants, most likely they have increased their prices as a way to make up lost revenue and sales during the pandemic.

    The pandemic is not just fading little by little as probably most people have put in the past as moved on in their lives.

    Article:

    According to separate data by the Ministry of Health, Labor and Welfare, the number of job seekers grew 0.6 percent in June from the month before, while the number of job openings remained flat.

    A labor ministry official said more people may be seeking side jobs as households struggle to deal with inflation.

    Ideas:

    There could be two possibilities for more job seekers in Japan. One might be that women with children, with office type jobs, want to remain in some kind of remote work and not work in an office five days a week.

    The other, yes, as inflation continues, people are looking for part-time second jobs to makes ends meet.

    The fact that there are people moving in and out of jobs in Japan shows a very flexible economy where people can makes changes and are not afraid to change jobs when needed.

    Article:

    The accommodation and restaurant industry saw the sharpest rise in job offers among sectors at 1.3 percent from a year earlier, followed by 0.9 percent in the medical care and welfare sector.

    In contrast, employment offers dropped in the manufacturing industry and construction by 11.0 percent and 7.2 percent, respectively.

    Ideas:

    The accommodation and restaurant industry is making up for all of the lay-offs they had during the pandemic and as demand increase they might actually be struggling to find workers again.

    The decrease in employment offers in the manufacturing industry could be related to less global demand for Japanese exports and or possibly younger workers don't want to do that kind of worker anymore.!

    And the same for the construction industry as younger workers prefer jobs that aren't so labor intensive and prefer tech or office type jobs these days.

    Have a nice day and be safe

    And

    No comments:

    Post a Comment

    Note: Only a member of this blog may post a comment.