97.3% of Japan's new university graduates find jobs amid labor shortage

Yeah but what are these jobs paying?

McWages , salaries are low here

McWages , salaries are low here

Yeah but, the graduates will generally be in those companies for life though. And wages go up each year incrementally and companies can't just fire people whenever it suits them. Also, they get full health insurance, company and the company pays into the pension system on the workers' behalf.

It's not because Japanese Economy is improving that much but because number of students is flat and even declining. Less number of job seeker means more success rate for finding job. Which can look good for unemployment statistics.

Also notice this JT article doesn't mention any exact number of people who really graduates and really looking for job. No actual is being number included.

https://www.goodstory.jp/number-of-universities/

It's not because Japanese Economy is improving that much but because number of students is flat and even declining. Less number of job seeker means more success rate for finding job. Which can look good for unemployment statistics.

Also notice this JT article doesn't mention any exact number of people who really graduates and really looking for job. No actual is being number included.

Good points.

Also, the article doesn't mention how many of these were full time jobs, part time jobs, or contract jobs.

Comparing these figures to the numbers of Chinese grads 20+ millions who cannot find jobs they are good. And the numbers of out of work Chinese grads is expected to rise again this year by another 12/15 million.

Yeah but, the graduates will generally be in those companies for life though. And wages go up each year incrementally and companies can't just fire people whenever it suits them. 

That would not negate the fact that all the salaries in general are lower taking into account current living costs, being captive in a company getting a reduced salary is not something positive either.

Listing the minimum required benefits for anybody employed is not exactly an argument either, the criticism is that salaries in Japan lag well beyond inflation, so what one person gets right now compared with the same position, number of years worked, etc. in previous decades is still importantly lower.

This may change in the future (at least for some companies) but currently is still a big problem.

Outstanding news. Japanese university graduates are among the hardest working and ambitious scholars in the world. It is nice to read that so many of them will have gainful employment and contribute to society. If only the UK, Australia, Canada, and New Zealand had such motivated uni students. The West would rise again and dominate the geopolitical sphere. I'm sure many of JT's readers are scholars from American speaking countries. Surely, they did their fare share in getting these grads ready for Japan's corporate rat race. Congrats to the Class of 2023! May they make Japan the greatest again.