Japan jobless rate in FY 2025 rises to 2.6% as more people enter job market
Ideas
Japan, as with most advanced economies, probably doesn't count people who are not looking for work as part of the unemployment group, but once they start looking they then are added to the list.
Most likely, as Japan is the midst of a suppose labor shortage, those who previously had given up might now be more hopeful of finding and job and now are looking for a job even though they are still unemployed.
The paragraph seems a little unclear as to what does the highest level mean? Is it about the number of unemployed or the number of those with jobs? It needs to be just a little more clear for the readers. But more likely of course its talking about the number of those with a job, while a good thing, the idea that Japan is in the midst of a so-called labor shortage, then, doesn't make sense, but who really knows exactly as the Japanese economy has many layers which are sometimes hard to comprehend.
The increase in the number for women that are employed is a very good metric and Japan needs more women to work and because of the inflation situation in Japan that continues on, more married women with children are working and maybe more companies are now more empathetic toward the needs of working women with children as they need to balance both home and work at the same time.
And yes, as again there might be a real labor shortage, being able to find new work makes it much easier to find a new job in Japan, and as such maybe people can't wait or the circumstances don't allow them to work and find and new job at the same time, so they just quit knowing or thinking its much easier to find a job after I quit my current job.
The unemployment rate in Japan at either 2.7 or 2.6 not that big of a change and even a 0.1 percent change is nothing to worry about or get upset about as sometimes it just happens from month to month.
Japan still has one of the lowest unemployment rates among advances nation as the rate in the US is around 4.3. to 4.6, which for them is a little high. But at the same time, no country will ever have a zero percent rate and there are always going to be people in and out of the work force.
And with the 430,000 who were let go, which in decades past was not very common, but as many Japanese companies have become more westernized they are now using more western company practices including the laying off of workers, as they prioritize shareholders over workers now.
At the same time as 550,000 more were now seeking jobs, this could be that in March is when universities and colleges in Japan have their graduations which means it quite possible that there could be 550,000 new college graduates who are looking for some kind of job.
Yes, its very possible, if the employment conditions are solid, workers can sense or know that its easy now to get a better job with either better pay or a better work/life balance situation in Japan.
Unfortunately, though not noted here, there are many small and some mid-size companies that just can't give better pay and or because of their profit margins they actually might be losing workers as workers move to other companies, as they need to take care of their families and seek out more pay and maybe again better work/life conditions.
The jobs availability ratio might be just a little misleading as it doesn't really say or tell just what kinds of jobs are available as it could be that companies that have lost workers might be looking for workers but, unfortunately, even though they want to pay workers a better wage they just cant' do it as their profit margins just don't allow it as their profit margins are stretched to the limits with maybe raw material cost increases, energy cost increases, and of course labor costs too due to the so-called labor shortage and many workers looking for better pay or better work/life conditions.
Its interesting, while all the news is saying there is a so-called labor shortage, the article here suggests that some sectors have less job openings, but again, the Japanese economy is a large complex economy with many sectors and some or many actually could be in a so-called labor shortage as maybe they just can't pay what workers want while those sectors that now don't have new job openings have seen increases in workers and they are able to pay what workers need and want at at this time.
Yes, there are always concerns with Japanese companies that do business globally that the Middle East situation is always going to be there, unfortunately, and many companies have probably have drawn up contingency plans or emergency plans to deal with any global crisis as it evolves
But at the same time, not to be too pessimistic, some or many Japanese companies, that tried to venture into the global arena had to leave and just focus on the Japanese domestic economy as they, for whatever reason, didn't meet their expectations or the global market expectations and the Japanese smartphone market is the perfect example as they just can't compete with Apple smartphones or Samsung smartphones and now the up and coming Chinese smartphones in the global market.
Have a nice day!
Article source: https://mainichi.jp/english/articles/20260428/p2g/00m/0bu/024000c
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