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Summary:
The Final Report of Monthly Labour Survey for February 2023 provides an overview of Japan's employment, wage, and labour welfare statistics. The report is divided into six tables (TBL-1 to TBL-T-6) that cover cash earnings, hours worked and days worked, regular employment and labour turnover, wage indices, employment indices, and labour turnover and real wage indices. The report is available in Excel format with varying file sizes, ranging from 13KB to 17KB.
Please note that this report is specific to the Japanese employment market and may not be applicable to other regions or countries.
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| Table Index |
| Annex-TBL Excel [16KB] |
| TBL-1 Cash Earnings Excel [14KB] |
| TBL-2 Hours Worked and Days Worked Excel [14KB] |
| TBL-3 Regular Employment and Labour Turn Over Excel [15KB] |
| TBL-T-1 Wage Indices Excel [16KB] |
| TBL-T-2 Hours Worked Indices Excel [17KB] |
| TBL-T-3 Employment Indices Excel [16KB] |
| TBL-T-4 Labour Turn Over Excel [13KB] |
| TBL-T-5 Real Wage Indices Excel [14KB] |
| TBL-T-6 Seasonally Adjusted Indices Excel [15KB] |
Highlights content goes here...
Summary of the Final Report of Monthly Labour Survey for February 2023
The report, published by the Employment, Wage and Labour Welfare Statistics Office, provides an in-depth analysis of the Japanese labour market for February 2023. The report is based on a monthly survey conducted by the office, which collects data on various aspects of employment, wages, and labour conditions in Japan.
Key Findings
Cash Earnings: The report shows that the average cash earnings in February 2023 increased by 0.8% compared to the same period last year (TBL-1).
Hours Worked and Days Worked: The average hours worked per week decreased by 0.3 hours, while the average days worked per week remained unchanged (TBL-2).
Regular Employment and Labour Turn Over: The report reveals that the number of regular employees decreased by 0.4% compared to the same period last year, while the labour turnover rate remained stable (TBL-3).
Wage Indices: The wage indices (TBL-T-1) showed a mixed picture, with increases in some industries and decreases in others.
Hours Worked Indices: The hours worked indices (TBL-T-2) showed a slight decrease in some industries, indicating a trend of reduced working hours.
Employment Indices: The employment indices (TBL-T-3) remained stable, indicating no significant changes in employment rates.
Labour Turn Over: The labour turn over rate (TBL-T-4) remained stable, indicating no significant changes in job mobility.
Real Wage Indices: The real wage indices (TBL-T-5) showed a mixed picture, with increases in some industries and decreases in others, likely influenced by the underlying economic conditions.
Seasonally Adjusted Indices: The seasonally adjusted indices (TBL-T-6) showed a similar trend to the previous months, indicating that the labour market is experiencing a stable trend.
Conclusion
The report provides valuable insights into the Japanese labour market in February 2023. While some indicators, such as cash earnings and wage indices, showed positive trends, others, such as hours worked and employment indices, remained stable. The report highlights the need for continued monitoring of the labour market to understand the subtle changes and trends that may affect the overall employment situation in Japan.
Recommendations*
Based on the report, policymakers and business leaders may consider the following:
1. Monitor the labour market trends closely to anticipate potential changes in employment and wages.
2. Implement policies to promote job creation and retention, particularly in industries facing labour shortages.
3. Support workers through training and upskilling programs to enhance their competitive edge in the job market.
4. Continue to monitor the impact of economic conditions on the labour market and adjust policies accordingly.
I hope this summary provides a comprehensive overview of the report. If you have any further questions or require additional information, please feel free to ask!
