Japan Job Availability Ratio Slides to 1.28 in Nov.

The cityscape of Tokyo
17:17 JST, December 26, 2023
TOKYO, Dec. 26 (Jiji Press) — Japan’s seasonally adjusted ratio of effective job openings to seekers in November fell 0.02 point from the previous month to 1.28, down for the first time in four months, the labor ministry said Tuesday.
Companies whose earnings deteriorated amid soaring prices refrained from seeking new employees, leading to the drop in the ratio.
The ratio represents the number of jobs available to each job seeker registered with Hello Work public job placement centers across the country.
The number of effective job openings fell 1.5 %. Some manufacturers and construction companies hit by surging material and energy prices suspended job offers.
Effective job seekers increased 0.2 % as some workers considered changing jobs after facing increased burdens at their workplaces because of labor shortages.
The internal affairs ministry separately said that the country’s seasonally adjusted jobless rate in November leveled off from the previous month at 2.5 %.
"Society" POPULAR ARTICLE
-
Big Temperature Change Expected in Japan from February to March
-
ANA, JAL Cancel Flights Due to Heavy Snowfall
-
8 Injured in Hammer Attack at University Campus in Tokyo; Woman in Her 20s Arrested
-
Japan’s Fuji TV Sought by Minister to Conduct Early Investigation on Masahiro Nakai’s Problem
-
3 Stabbed near JR Nagano Station; 1 Man Dies after Taken to Hospital (UPDATE 1)
JN ACCESS RANKING