Tag #Job Availability

What is the impact of Japan's record low unemployment rate and high job availability on the nation's overall economic health and global competitiveness?

Japan's fiscal year 2024 average unemployment rate dropped to 2.5 percent, a 0.1 percentage point decrease from the previous year, marking the first improvement in two years. The number of employed individuals reached a record high of 67.93 million, while the number of unemployed decreased by 30,000 to 1.75 million. This positive trend is attributed to the ongoing labor shortage, allowing even dismissed workers to find new jobs quickly.