Japan Jobs to Applicants Ratio

Country:
Japan
JPY, Japanese yen
Sector:
Labor
Medium 1.32 -14.4
1.39
Last release Importance Actual Forecast
Previous
-16.45
1.32
Next release Actual Forecast
Previous
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Jobs to Applicants Ratio represents the supply and demand balance in the Japanese labor market. Indicators are published on a monthly basis. This index is used for a comprehensive assessment of the labor market and national economic development.

The ratio represents the ratio of job seekers to job openings. This is an indicator of the employment health in the economy. It is a representative indicator of the supply and demand situation of the labor market. It should be kept in mind that the indicator data is limited to recruitment and job seeking through the Public Employment Security Office and that new graduates are excluded.

A higher than expected number should be taken as positive to JPY, while a lower than expected number as negative.

In Japan, there is a clear difference between new graduates and mid-career recruitment, and many companies tend to prefer new graduates. This is derived from the fact that many Japanese companies have maintained life-long employment for a long time, and it is easy to make new graduates compatible with corporate culture.

In Japan, it is said that there is a shortage of labor, but the wages for recruitment do not necessarily increase. Overtime pay is often not paid fairly in Japan, but many Japanese still do not strike or change jobs. This is due to a common belief that repeated job changes are not good.

Last values:

actual data

forecast

The chart of the entire available history of the "Japan Jobs to Applicants Ratio" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2020
1.32
-14.4
1.39
Mar 2020
1.39
0.1
1.45
Feb 2020
1.45
-10.5
0.61
Jan 2020
0.61
1.56
1.57
Dec 2019
1.57
1.56
1.57
Nov 2019
1.57
1.55
1.57
Oct 2019
1.57
1.55
1.57
Sep 2019
1.57
1.57
1.59
Aug 2019
1.59
1.58
1.59
Jul 2019
1.59
1.61
1.61
Jun 2019
1.61
1.63
1.62
May 2019
1.62
1.63
1.63
Apr 2019
1.63
1.62
1.63
Mar 2019
1.63
1.62
1.63
Feb 2019
1.63
1.62
1.63
Jan 2019
1.63
1.63
1.63
Dec 2018
1.63
1.65
1.63
Nov 2018
1.63
1.65
1.62
Oct 2018
1.62
1.65
1.64
Sep 2018
1.64
1.63
1.63
Aug 2018
1.63
1.63
1.63
Jul 2018
1.63
1.62
1.62
Jun 2018
1.62
1.61
1.6
May 2018
1.6
1.61
1.59
Apr 2018
1.59
1.6
1.59
Mar 2018
1.59
1.6
1.58
Feb 2018
1.58
1.58
1.59
Jan 2018
1.59
1.6
1.59
Dec 2017
1.59
1.59
1.56
Nov 2017
1.56
1.59
1.55
Oct 2017
1.55
1.53
1.52
Sep 2017
1.52
1.53
1.52
Aug 2017
1.52
1.54
1.52
Jul 2017
1.52
1.55
1.51
Jun 2017
1.51
1.48
1.49
May 2017
1.49
1.5
1.48
Apr 2017
1.48
1.49
1.45
Mar 2017
1.45
1.43
Feb 2017
1.43
1.43
Jan 2017
1.43
1.43
Dec 2016
1.43
1.41
Nov 2016
1.41
1.4
Oct 2016
1.4
1.38
Sep 2016
1.38
1.37
Aug 2016
1.37
1.37
Jul 2016
1.37
1.37
Jun 2016
1.37
1.36
May 2016
1.36
1.34
Apr 2016
1.34
1.3
Mar 2016
1.3
1.28

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