The effective job offer ratio in June was 1.22 times… a decline for the second consecutive month. The impact of tariffs is unclear


In June, the job-to-applicant ratio in Japan fell to 1.22, marking a decline for the second consecutive month. This ratio indicates the number of job openings available per job seeker, and it was down by 0.02 points from the previous month.

When looking at new job listings by sector compared to the same month the previous year, the information and communication industry saw a 5.2% increase. However, job listings in wholesale and retail decreased by 11.7%, and those in personal services and entertainment fell by 9.1%.

The Ministry of Health, Labor and Welfare noted the significant drop in job openings across various industries. Particularly in manufacturing, there is uncertainty due to the U.S. tariff measures, leading to a cautious approach among businesses. The ministry plans to closely monitor future trends.

by MagazineKey4532