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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

July 31, 2020
JAPAN LABOUR FORCE SURVEY, JUNE 2020

Japan's seasonally adjusted unemployment rate declined from 2.9 per cent in May to 2.8 per cent in June.  Prior to COVID-19, Japan's unemployment rate was very stable: from January 2018 to March 2020 Japan's unemployment rate had remained in a range of 2.2 to 2.5 per cent.  

The impacts of COVID-19 are apparent in Japan's labour market, but the magnitude of the shock appears to be more moderate than observed in other advanced economies.  Compared to February 2020, Japan's labour force fell by 1.1 per cent while employment declined by 1.6 per cent. 

In comparison, the impact of COVID-19 on Canada's and Nova Scotia's labour markets has been more severe.  From February to June, Canada's labour force contracted by 2.2 per cent while employment fell 9.2 per cent.  Canada's unemployment rate rose from 5.6 per cent to 12.3 per cent.  Nova Scotia's labour force was down 2.6 per cent while employment fell 8.0 per cent and the unemployment rate grew from 7.8 per cent to 13.0 per cent.

 

Statistics Bureau of Japan, Statistics Canada.  Table  14-10-0287-01   Labour force characteristics, monthly, seasonally adjusted and trend-cycle



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