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Japan’s Job-Offer Ratio Holds at 1.18 in November as New Postings Slide

Officials cite cost pressures—higher input prices, minimum‑wage hikes—as a reason employers are posting fewer new jobs.

Overview

  • Seasonally adjusted new‑job ratio edged up to 2.14, while the full‑time effective ratio dipped to 0.98.
  • Effective job offers fell 0.4% from October and registered jobseekers declined 0.3% on a seasonally adjusted basis.
  • New job openings dropped 10.4% from a year earlier, with notable declines in services, wholesale and retail, hospitality and food service, and manufacturing.
  • Regional gaps persisted, with Fukui highest on a workplace basis at 1.82 and Fukuoka lowest at 0.98 for a second straight month; on an acceptance basis Tokyo was highest at 1.73 and Kanagawa lowest at 0.81.
  • Japan’s seasonally adjusted unemployment rate was unchanged at 2.6%, with an estimated 1.81 million people unemployed.