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ECONOMY > Economic Indicators

Japan’s jobless rate falls to 2.8 pct in July

  • August 31, 2021
  • , Jiji Press , 1:02 p.m.
  • English Press

Tokyo, Aug. 31 (Jiji Press)–Japan’s seasonally adjusted unemployment rate stood at 2.8 pct in July, down 0.1 percentage point from the previous month, the Ministry of Internal Affairs and Communications said Tuesday.

 

Separately, the Ministry of Health, Labor and Welfare said the same day that the ratio of effective job openings to job seekers stood at 1.15 in July, up 0.02 point.

 

Both the employment rate and job availability ratio improved for the second consecutive month.

 

The outlook for the employment situation in Japan, however, is not all rosy, as the Japanese government has expanded its state of emergency over the novel coronavirus epidemic to cover more prefectures amid a further spread of infection cases.

 

The internal affairs ministry said that the number of jobless people decreased by 120,000 from the previous month to 1.9 million after seasonal adjustment, down for the second month in a row.

 

The number of unemployed men rose by 10,000 and that of jobless women fell by 100,000.

 

Meanwhile, the total number of people with jobs went up by 420,000 to 67.08 million.

 

The job openings ratio represents the number of jobs available to each of the applicants registered at HelloWork job placement offices across the country.

 

The ratio went up as the number of effective job openings rose 1.5 pct, while that of effective job seekers dropped 0.5 pct.

 

“There are moves (among people) to suspend job-hunting activities until the spread of the coronavirus has settled down or they have received their COVID-19 vaccinations,” an official at the labor ministry said.

 

With the number of new job openings falling in the reporting month, the official added that the employment situation is “severe.”

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