Yesterday at 11:30 PM | Other

Japan. Unemployment Rate. The value of the indicator has increased from 2.4% to 2.5%

A report on this calendar event is released monthly by the Statistics Bureau of Japan.

Unemployment rate is one of the most important indicators of a country's economic condition. It represents the ratio of the number of unemployed to the total labor force at a given date.

Unemployment is a lagging indicator, i.e. it adjusts to changes in economic conditions.

The main difficulty lies in the collection of statistics on the unemployed and the employed. It is very difficult to correctly determine the real number of employed and unemployed. For example, the labor force does not include people who have given up looking for work. And the number of unemployed does not include people who are working part-time but would like to switch to full-time work but cannot do so for some reason.

The unemployment rate is extremely important in determining the current state of the economy and in forecasting its future dynamics. Too high an unemployment rate leads to low GDP growth rates and increased social tensions.

Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the fall in quotes of JPY.

MarketCheese MarketCheese
Gold sell
Period: 09.05.2025 Expectation: 10500 pips
Weakening gold demand to drive prices down to $3,200
30 April 2025 199
Period: 06.05.2025 Expectation: 1100 pips
US GDP and labor market reports could push EURUSD back toward 1.15 level
30 April 2025 81
Period: 03.05.2025 Expectation: 1305 pips
Nvidia is approaching resistance amid positive expectations
30 April 2025 43
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 07.05.2025 Expectation: 1944 pips
USDCAD downtrend continues amid easing auto tariffs
30 April 2025 53
Period: 09.05.2025 Expectation: 4000 pips
Consolidation above 290 level will accelerate Tesla's recovery
29 April 2025 91
Period: 25.05.2025 Expectation: 3330 pips
Selling AUDUSD to 0.6090 following Bearish 5-0 pattern activation
29 April 2025 59
Go to forecasts