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Japan's jobless rate falls to 2.5% in October

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as the number of job seekers declined with more people finding employment or giving up looking for work

Lets just say for the majority the latter is much more probable.

"Hello Work" is a bazaar of non-living wage precarious work and obstacles to receiving unemployment compensation.

-4 ( +10 / -14 )

Awesome! Thank you KISHIDA SAN!!!

-15 ( +0 / -15 )

130 job openings for every 100 job seekers.

At what point will our bureaucrats stop mandating superfluous jobs like the battalions of lightsabre wielding Jedi knights guarding every construction site? Then there are the quangos like JA. In some prefectures JA has more staff than there are farmers!

-6 ( +4 / -10 )

most of available jobs are low end paying ones.

reality is like that.

-4 ( +8 / -12 )

Further increase in the number of working poor people.

-4 ( +4 / -8 )

Yeah, now get back to us with the underemployment level, and with historical comparisons please. Then let us know about how the rate of employment is calculated here.

2 ( +3 / -1 )

These statistics are misleading. They include people who get 25 hours a week making ¥1000 an hour as a temp.

The US currently boast an unemployment rate of 3.9%. Again, very misleading. That doesn't count people out of work and not looking for a job. Among people of prime working age (18-54), the US labor force participation rate is about 80%. That means that 20% of Americans don't. When that's pointed out, progressives like to claim that those people are all taking care of sick relatives. Perhaps a couple percent are. But that still leaves tens of millions of Americans who are just chillin', milking the system for every benefit they can muster (which can pay about $50K a year in some states when all eligible programs are tapped into). Just go into different area of cities and see how many people are sitting around of their front steps in their pajamas at 1:00 on a Tuesday afternoon.

-3 ( +2 / -5 )

"or giving up looking for work"

the most likely scenario

1 ( +2 / -1 )

jobless rate may be low, but wages maintain also low unlike other advanced countries.

poverty and inequality expand at japanese society, social welfare per person are reduced year by year, people under tough situation that reduce amount of food or who avoid to use heating despite strong cold are increasing.

on the other hand, number of wealthy are second in whole world, large corporations have hundreds trillions yen internal reserves or cashes and deposits, government intend to waste thousands billions yen to Expo2025 where majority japanese don't want.

1 ( +5 / -4 )

The rest of the world must be falling over themselves to implement Japanese style policies within their economies with these amazing low rates.

0 ( +2 / -2 )

Then there are the quangos like JA. In some prefectures JA has more staff than there are farmers!

Hence you now understand one of Japan's worst secrets. The reason fresh fruits and veggies are so expensive is JA has to take their cut, because they have to pay all that staff!

4 ( +6 / -2 )

Once again the BS unemployment statistics report! Japan changed reporting standards following the collapse of the bubble, in the aftermath of the blood letting of the "ristora" generation.

Those unemployed numbers suddenly got better in a blink, because Japan counted anyone who worked one hour or more, as "gainfully" employed, they quit counting those who stopped looking for work, or were not collecting unemployment.

This is a bs report!

0 ( +6 / -6 )

CaptDingleheimerDec. 1 10:25 pm JST

I'll wager every state in the union requires searching for work in order to receive benefits. And the proof of searching for work is not trivial to generate.

-2 ( +0 / -2 )

I'll wager every state in the union requires searching for work in order to receive benefits. And the proof of searching for work is not trivial to generate.

And you would lose that wager! Japanese unemployment benefits are a "group" funded insurance meant to tide people over until they find other gainful employment. If you dont use it, you loose it.

It is also limited as well.

0 ( +0 / -0 )

Excellent, GO JAPAN!!..

-3 ( +0 / -3 )

Once again the BS unemployment statistics report! 

The report makes sense to me. I've lived in places with high jobless rates: Canada and the UK in the 1980s, and Japan today is totally different. I just don't see lots of Japanese adults in Japan loafing around town with lots of free time in the middle of the week, apart from the elderly, including in provincial areas like Fukushima. Everyone seems to be busy working, shopping, or taking care of kids.

0 ( +1 / -1 )

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