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October 02, 2019JAPAN LABOUR FORCE SURVEY, AUGUST 2019
In August 2019, Japan's seasonally adjusted unemployment rate remained unchanged at 2.2 per cent. Over the last month, Japan's labour force and employment both increased at a pace of 0.3 per cent. In the last year (compared to August 2018), the Japanese labour force grew by 0.8 per cent while employment was up 1.0 per cent.
Japan's unemployment rate has remained in a range of 2.2 to 2.5 per cent since the beginning of 2018. The last time that Japan's unemployment rate was at or below 2.5 per cent for this long was in 1992-1993.
Canada's unemployment rate has also been trending down since 2016 as employment gains outpaced labour force growth. A similar trend of declining unemployment rates emerged in Nova Scotia in 2018 (albeit with more volatility).
Statistics Bureau of Japan, Statistics Canada. Table 14-10-0287-01 Labour force characteristics, monthly, seasonally adjusted and trend-cycle
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