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June 28, 2024JAPAN LABOUR FORCE SURVEY, MAY 2024 
Japan's seasonally adjusted unemployment rate remained at 2.6% for the fourth consecutive month in May 2024. Compared with the previous month, Japan's labour force and employment both expanded by 0.1%.
Japan's unemployment rate has returned close to pre-pandemic levels. However, Japan's labour force and employment growth have largely stalled. In contrast, Canada and Nova Scotia now have employment and labour force that substantially exceed pre-pandemic levels despite the much larger declines observed in each variable during the first wave of the pandemic.
Sources: Statistics Bureau of Japan. Table: a-1 (Seasonally adjusted) Major items (Labour force, Employed person, Employee, Unemployed person, Not in labour force, Unemployment rate (since Jan.1953); Statistics Canada. Table 14-10-0287-01 Labour force characteristics, monthly, seasonally adjusted and trend-cycle
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