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For additional information relating to this article, please contact:

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

April 30, 2021
JAPAN LABOUR FORCE SURVEY, MARCH 2021

In March 2021, Japan's seasonally adjusted unemployment fell to 2.6%. The impacts of COVID-19 are apparent in Japan's labour market, with a rising unemployment rate during 2020.  However, the magnitude of Japan's labour market shock appears to be more moderate than observed in other advanced economies. 

Compared to February 2020, Japan's labour force in March 2021 was down 0.6% while employment was down 0.9%. The impacts of COVID-19 on Canada's and Nova Scotia's labour markets was more severe in the spring and summer months.  From February 2020 to March 2021, Canada's labour force increased by 0.4% while employment fell 1.5%. Canada's unemployment rate increased from 5.7% in February 2020 to 7.5% in March 2021. Nova Scotia's March 2021 labour force was up 0.6% and employment was down 0.04% compared to February 2020. As a result of the rise in labour force without any increase in employment, Nova Scotia’s unemployment rate rose from 8.0% in February 2020 to 8.6% in March 2021.

 

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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