Japan: Unemployment rate continues to fall

Japan’s Ministry of Internal Affairs and Communications (MIC) said that the unemployment rate in Japan in July 2021 fell from 2.9% in the previous month to 2.8%.

Traffic on the streets of Tokyo on May 18, 2020. Photo: AFP/VNA

Besides, according to the Japanese Ministry of Health, Labor and Welfare (MHLW), the ratio of available jobs to job seekers in July 2021 continued to increase slightly from 1.13 in June 2021 to 1.15.

The fact that the job market situation in Japan continues to improve despite the severe outbreak of acute respiratory infection COVID-19 in the country surprised many people. According to experts, the reason may be that in July 2021, the 4th state of emergency has only taken effect in Tokyo and Okinawa Prefecture since July 12, so it has not had much impact on the labor market. motion.

However, experts forecast that the unemployment rate in Japan will probably increase again in August because since the end of July until now, the Japanese Government has continuously expanded the scope of applying the state of emergency. to Chiba, Kanagawa, Saitama and Osaka prefectures on July 30; Ibaraki, Tochigi, Gunma, Shizuoka, Kyoto, Hyogo and Fukuoka on August 17; and Hokkaido, Miyagi, Gifu, Aichi, Mie, Shiga, Okayama and Hiroshima on August 25.

Currently, the 4th state of emergency is covering 21 of the country’s 47 provinces and cities and will be in effect until September 12.