Japan Jobless Rate: Updated Dec. 7, 2024.

 

Japan's jobless rate rises to 2.5% in Oct. as seniors seek new posts

Article Source:   https://mainichi.jp/english/articles/20241129/p2g/00m/0bu/004000c

Ideas:
Most likely those without jobs at 1.8 percent might be related to some workers quitting their existing jobs and looking for other jobs as they might think its much easier to get a new job as Japan is facing as so-called labor shortage.

Those who reach retirement age in Japan, these days, most likely need or want to keep working if the company allows it which seems to be getting much more common in Japan now.

And or they leave their current jobs and maybe can easily find new work, full-time or part-time, as again, Japan has the larges labor shortage among all advanced countries.

Unfortunately Japan still has a mandatory retirement age of 65 or 70 depending on the company and sector. While in the US, there is no retirement age for most jobs and sectors, expect for a few.

So its not uncommon to see workers in their 70's and even 80's in the US, if they can do the job,and they remain healthy.

Those in Japan might have been contract workers on half year or full year contracts and of course they need to to look for new jobs if they were in a half year contract. 

It must be remembered that most likely those 125 jobs for every 100 job seekers might not be the large company jobs that everyone wants to have, as some might be small or midsize jobs that don't pay as much or as good as large company jobs.

And some, unfortunately, might be contract type jobs which don't pay full benefits or good salaries too.

So even though are a lot of jobs available that doesn't mean they are the large company jobs that, again, most workers would like to have.

Even though there were 8.9 percent more jobs offers in the academic and the technical service job areas, the trend in academia is moving toward more part-time or adjunct type work as universities, globally, are not hiring full time academics as they were 20 or even 30 years ago.

In the hotel and restaurant services area, most likely they have enough workers now as they might have filled any openings they had due to laying off many workers during the pandemic.

And or the possibility might be they can't afford to hire any more workers and their profits margins are just too slim and they already increased wages and hired a lot of workers and now, at the present time, don't need any new workers.

Have a nice day!