September 21,2018

Japan Wage and Hours Worked

April data confirms wages in Japan are on the rise

Published monthly by the Ministry of Health, Labour, and Welfare. Updated to the month of July 2018 (published on September 21st, 2018).
Note: 
Part-time hourly wage for July 2018 was published by Recruit Jobs Co., Ltd on Sep 13, 2018. Temp hourly wage for August 2018 was published on Sep 20, 2018
 
Recent data trend

The April wage report was consistent with our view that wages in Japan are finally on the rise. The preliminary estimate for the month showed that regular wages in Japan rose by 1.2% year on year (YoY) in April, continuing to rise at the highest rate of increase since July 1997. There have been a few false dawns for wage inflation, but the current upturn seems to be the real one, in our view. Despite the relentless tightening in the labor market in the last few years, wage inflation has rem...

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Brief overview of “Wage and Hours worked”
The official name of the statistics is “Monthly Labor Survey”, but we prefer to call it “Wage and Hours worked” to distinguish the survey from “Labor Force Survey” which is the source of the official unemployment rate in Japan. “Wage and Hours worked” surveys enterprises with a workforce larger or equal to 5 persons. It also does not include government and municipal officials. For example, in 2012, “Wage and Hours worked” survey covered 45.8 million workers in Japan, while “Labor Force Survey” covered 62.7 million workers. YoY% wage growth rate shows irregularity, as the months of bi-annual bonus payment day shift between months depending on the year. 3 or 6-month average YoY% is often used to overcome this problem. Wages in Japan has been steadily falling in Japan since 1998. Between 1997 and 2012, wages have declined by 12.5%, or by 0.9% per year on average.

For more information, visit the official government page.

"Part-time hourly wage", "Temp hourly wage" are statistics published by JOBS Research Center (JBRC), a research centre established within Recruit Jobs Co., Ltd. As of July 17, 2015, the original publication is published only in Japanese. Below is a link to their website (available just in Japanese). http://jbrc.recruitjobs.co.jp/ 

Wage levels of Full-time and Part-time workers
 

The Next Release Date: October 5th, 2018 (Preliminary August data)

                                   October 23rd, 2018 (Final August data)

                                   

                                   

                                   

                                   

                                  

                                    

                                    

                                  

                                      

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