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For additional information relating to this article, please contact:

Barbara Ruszel Economist
Tel: 902-424-1848Email:

March 05, 2018

Japan's unemployment rate dropped sharply in January of 2018 - falling to 2.4 per cent as an employment gain of 0.6 per cent outpaced the labour force increase of 0.2 per cent.  With this sharp decline following a general downward trend since 2009, Japan's unemployment rate is now lower than at any time since April 1993.


Japan's employment and labour force have generally moved at a similar pace over the last year, keeping the monthly unemployment rate stable.  Japan's labour force and employment have both been rising since 2012 after a protracted period of decline.  A monthly employment gain faster than 0.6 per cent has only been observed in two other months since 1992.  

Canada and Nova Scotia typically report higher rates of unemployment than Japan, but all exhibit a strong long run relationship between the size of the labour force and employment.

Statistics Bureau of Japan, Statistics Canada CANSIM table 282-0087

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