Japans unemployment rate continued to rise in August, and enterprises avoided layoffs by closing business

category:Finance
 Japans unemployment rate continued to rise in August, and enterprises avoided layoffs by closing business


On the same day, the survey report released by the Ministry of health, health and labor said that Japans effective rate of seeking people fell to 1.04 times in August, the lowest level in more than six years. The effective employment ratio refers to the ratio of the number of people demanded in the labor market to the number of job seekers. The continuous decline of this value means that the number of recruiters decreases and the number of job seekers increases.

Experts said that compared with countries such as the United States, where the number of unemployed has increased sharply, Japans unemployment rate does not seem to change significantly. On the one hand, it is due to the long-term shortage of labor market in Japan, and on the other hand, it is related to the large number of informal employees used by Japanese enterprises. During the epidemic period, most Japanese enterprises adopt the way of stopping the employment of informal employees or letting them close down to avoid layoffs.