81
Japan
Q4 2021
Total Labor Force (000s)
68,720
Employed Workers (000s) 66,796
Unemployed Workers (000s) 1,924
Unemployment Rate 2.8%
67,315
67,041
66,755
66,592
66,796
Q4
2019
Q2 2020 Q4 2020 Q2 2021 Q4 2021
2.4%
2.5%
3.0%
2.6%
2.8%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
79% - First Vaccine Dose
(December 2021)
Covid Update
While many companies
are providing incentives
and encouragement for
vaccination, it is legally
required that
unvaccinated workers will
not be negatively
impacted and hence
vaccine mandates are
unlikely.
16%
31%
8%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Japan Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$2,700
$2,941
$8.16
$0
$5
$10
$15
$0
$2,500
$5,000
Average Wage Manufacturing
Wage
Minimum Wage
Japan Regional Average
Year on year wage inflation in October '21 was 0.2%.
In October '21, there were 803K open job vacancies.
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend by Experience Level
TalentNeuron
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
http://www.stat.go.jp/english/data/roudou/results/month/index.html
