City
Epaper

Japan's unemployment rate increases to 2.8%

By IANS | Updated: March 4, 2022 15:20 IST

Tokyo, March 4 Japan's unemployment rate rose marginally to 2.8 per cent in January due to increasing cases ...

Open in App

Tokyo, March 4 Japan's unemployment rate rose marginally to 2.8 per cent in January due to increasing cases of Covid-19 negatively impacting the labour market, s government report said on Friday.

From the previous month, on a seasonally-adjusted basis, the unemployment rate edged up 0.1 percentage point as a number of prefectures in the reporting period were placed under a Covid-19 quasi-state of emergency to combat the spread of the highly-contagious Omicron variant of the virus, the Ministry of Internal Affairs and Communications said.

The Ministry of Health, Labour and Welfare, meanwhile, reported Friday the job availability ratio in the reporting period rose from a revised 1.17 in December to 1.20. This equates to there being 120 job openings for every 100 people seeking employment, reports Xinhua news agency.

According to the statistics bureau, in January the total number of people out of work in Japan rose by 40,000, which was a 2.1 per cent increase from a month earlier to 1.9 people million unemployed people.

Of the total, those leaving their jobs of their own volition totalled 710,000 people, rising by 10,000 people, while those laid off totalled 590,00 people, jumping by 60,000 from a month earlier.

The number of new job seekers, the Ministry said, stood at 490,000 people, the same figure for December.

"The impact of the coronavirus was especially seen in the lodging and eatery services sector, where 220,000 workers were absent in January, accounting for nearly 40 per cent of the 590,000 people who were newly furloughed in the month," a Ministry official was quoted as saying.

"Downward risks to the economy have increased and we must consider a scenario in which employment will be affected."

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Ministry of Internal Affairs and CommunicationsMinistry of health, labour and welfarejapanTokyoMinistry of health and welfareCentral health ministryMinistry of internal affairsAffairs ministryInternal affairs and communicationsCabinet affairsCommunications ministryAdministrative affairs
Open in App

Related Stories

HealthHow Do Japanese People Look So Young Even as They Age? Doctors Reveal the Secret

InternationalJapan Issues Tsunami Warning After Earthquake of Magnitude 6.7 Hits Aomori Prefecture

InternationalEarthquake in Japan: Magnitude 5.7 Quake Hits Off Honshu Coast

International7.2 Magnitude Earthquake Hits Japan, Tsunami Warning Issued for Northeast Coast

EntertainmentPrabhas Shares S.S.Rajamouli’s Warm Letter Celebrating Japanese Fans’ Love: “If You’ve Tasted Their Love, You Must Be in Tears”

Politics Realted Stories

MumbaiWho Is Tejasvee Ghosalkar? Shiv Sena UBT Leader and Former Corporator Joins BJP Ahead of BMC Polls

MaharashtraSanjay Raut Says Sena–MNS Already Together No Need Others Permission

MaharashtraBig Jolt to Sharad Pawar as Salil Deshmukh, Son of Anil Deshmukh, Quits NCP-SP

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days