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Japan's January jobless rate improves to 2.4% amid labor shortage

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Just imagine the hundreds of thousands retiring each year with their jobs opening up to a smaller population cohort. Also, M&A is heating up in Japan so we will all be busy this year.

2 ( +4 / -2 )

Among them, 750,000 people left their jobs voluntarily, down 1.3 percent, while 360,000 people were dismissed, down 7.7 percent from the previous month.

Kyodo feeding the usual Japan Inc. economic propaganda to the public using mush-mouthed vagaries and syntax.

During the pandemic as masses were laid off with no support amid a general economic slowdown it was reported that "people were leaving positions in order to seek better employment opportunities".

The reality is that in precarious zero-hour contract positions contracts are not renewed, especially around the end of the financial year like now, or workers hours are reduced to almost nothing in order to cook the books.

https://studenttheses.universiteitleiden.nl/access/item%3A2658168/view

4 ( +7 / -3 )

Maybe the government is approaching the labor shortages the wrong way. Instead of bringing in more people they should use people more efficiently. Getting rid of the Hanko would probably save ten million hours of work yearly.

11 ( +11 / -0 )

Yet the other side of the coin is that Japan is in recession and industrial output is at the lowest that it has been for several years.

Frying chicken,cleaning tables,making up hotel rooms etc are the ‘new’ jobs but have no future…

-6 ( +6 / -12 )

Among them, 750,000 people left their jobs voluntarily, down 1.3 percent, while 360,000 people were dismissed, down 7.7 percent from the previous month.

I find it EXTREMELY hard to believe that this many, or few, depending upon one's point of view, "voluntarily" left their jobs. A breakdown in the demographics would be helpful, but I wont hold my breath waiting for a follow up or detailed information.

The number of unemployed women rose 60,000 to 730,000, as more women leave their jobs in search of better working conditions amid an economic recovery, the official said.

I really wonder how much this "official" got paid to say this?

As always, the data used by the government to report unemployment numbers is different than other developed countries.

Japan changed its reporting methods to make it seem as though, even in a depressed economy, everyone who wanted a job, had one, and those people working, ALL were gainfully employed.

It's BS

Japan only reports numbers from Hello Work. It says NOTHING about those who are no longer looking for work and it also INCLUDES those who only work 1 hour a week, as being "gainfully" employed. They report nothing about under employed.

The purpose is to keep the people here THINKING that everything is hunki-dori!

0 ( +7 / -7 )

@Yubaru spot on!

It's all propaganda!

1 ( +6 / -5 )

Japan's Jobless rate seem to "improve" numerically and superficially, but Japan's poverty or inequality continue to deteriorate as actuality.

1 ( +7 / -6 )

Well done Japan..

-3 ( +0 / -3 )

Japan's Jobless rate seem to "improve" numerically and superficially, but Japan's poverty or inequality continue to deteriorate as actuality.

And from the looks of things, the "rah rah rah" Japan fan club members have yet to wake up and face reality. Weaker yen, more and more people falling from the middle class, the gap between the rich and everyone else getting bigger, corporations making money hand over foot but not paying a living wage, increased real estate prices, and a host of other negative factors for the average person here.

4 ( +4 / -0 )

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