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Unemployment Japan

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BUSINESS
December 25, 1998 | From Bloomberg News
Japan said its unemployment rate rose to a postwar record of 4.4% in November, equaling the U.S. jobless rate for the first time. The jobs-to-applicant ratio, meanwhile, fell to a record low 0.47, meaning there were 47 jobs posted at Japanese government-run job agencies for every 100 applicants. Economists polled in a Bloomberg News survey had expected the jobless rate to remain at 4.3%. The number of unemployed rose to 2.
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BUSINESS
May 30, 2000 | From Reuters
Japan got welcome glimmers of hope today in two of the bleakest areas of its struggling economy, with a surprise increase in personal spending and a drop in the unemployment rate from a record high. Spending by wage earners' households climbed 3.6% in real terms in April from a year earlier, only its second rise in nine months, while joblessness slipped a notch from its February and March highs to 4.8%.
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NEWS
June 10, 1999 | SONNI EFRON, TIMES STAFF WRITER
After 73 films, revered director Yoji Yamada has proved his genius for mirroring the mind of Japanese society. So it's a sign of the times that Yamada's latest movie opens with his hero and heroine getting fired. The rest of the film is set in an adult vocational school, where the characters find romance and personal redemption while plumbing the mysteries of boiler operation. Alas, the movie isn't all fiction.
NEWS
June 10, 1999 | SONNI EFRON, TIMES STAFF WRITER
After 73 films, revered director Yoji Yamada has proved his genius for mirroring the mind of Japanese society. So it's a sign of the times that Yamada's latest movie opens with his hero and heroine getting fired. The rest of the film is set in an adult vocational school, where the characters find romance and personal redemption while plumbing the mysteries of boiler operation. Alas, the movie isn't all fiction.
BUSINESS
April 30, 1999 | From Times Wire Services
Japan's jobless rate shot up to yet another record high of 4.8% last month, as corporate restructuring efforts forced more people out of work, the government said today. The latest figure sets a record after the jobless rate hit an all-time high of 4.6% in February. "The unemployment situation is becoming increasingly severe. And it is our most important task to tackle the situation," Chief Cabinet Secretary Hiromu Nonaka said. Income for wage earners in the fiscal year ended March 31 fell 1.
BUSINESS
December 27, 1995 | From Times Wire Services
Japan's jobless rate has risen to a record, but other barometers show its economy could be on the way to getting on its feet again. Analysts said the mixed bag of data released Tuesday shows that although the economy has been moving in the direction of recovery, it may take some time to actually achieve it.
BUSINESS
July 29, 1995 | Times Staff and Wire Reports
Japan's Unemployment Hits 7-Year High: The jobless rate hit a post-World War II high of 3.17% in June, the government said. The total number of unemployed in Japan increased to 2.12 million people, up from 2.04 million in May. The previous high rate of 3.16% was recorded in March, the statistics bureau of the Management and Coordination Agency reported.
BUSINESS
October 4, 1993 | Times Staff and Wire Reports
Job Figures Reflect Cutbacks: The ratio of jobs offered to applicants dropped to a seasonally adjusted 0.70 in August, down from 0.72 in July, according to the Labor Ministry. The decline in the jobs-to-applicant ratio, a measure of jobs offered per every 100 applicants, is the latest indication of continued weakness in the Japanese economy as firms cut back on hiring part-time workers. Meanwhile, the Ministry of Home Affairs said Japan's unemployment rate for August was 2.
BUSINESS
May 30, 2000 | From Reuters
Japan got welcome glimmers of hope today in two of the bleakest areas of its struggling economy, with a surprise increase in personal spending and a drop in the unemployment rate from a record high. Spending by wage earners' households climbed 3.6% in real terms in April from a year earlier, only its second rise in nine months, while joblessness slipped a notch from its February and March highs to 4.8%.
BUSINESS
April 30, 1999 | From Times Wire Services
Japan's jobless rate shot up to yet another record high of 4.8% last month, as corporate restructuring efforts forced more people out of work, the government said today. The latest figure sets a record after the jobless rate hit an all-time high of 4.6% in February. "The unemployment situation is becoming increasingly severe. And it is our most important task to tackle the situation," Chief Cabinet Secretary Hiromu Nonaka said. Income for wage earners in the fiscal year ended March 31 fell 1.
BUSINESS
April 25, 1999 | MARK MAGNIER, TIMES STAFF WRITER
TOKYO In a nation where quiet, patient suffering is raised to the level of a fine art, 58-year-old Kiyotsugu Shitara is preaching revolt. His 5-year-old Tokyo Manager's Union urges Japan's downtrodden "salarymen" to stand up and fight. Downtrodden? Middle-aged white-collar workers who average $50,000 a year to sit in cozy offices without any heavy lifting? The way Shitara sees it, this group at the heart of Japan Inc. is among the least represented, most alienated in Japanese society.
BUSINESS
April 25, 1999 | MARK MAGNIER, TIMES STAFF WRITER
TOKYO From a distance, the solutions to Japan's increasingly worrisome economic slide seem obvious. Japan must overhaul and globalize its creaky economy, expand domestic competition, invite foreigners in and weaken the death-like grip that bureaucrats continue to hold over the country. As the rest of Asia shows signs of recovery from its disastrous economic decline, it is wealthy Japan that lags--still unable to confront the vested interests and other long-recognized obstacles to true reform.
BUSINESS
April 25, 1999 | MARK MAGNIER, TIMES STAFF WRITER
When the United States hit bottom economically a decade ago, it turned to the young and the restless in places such as Silicon Valley to remake its aged economy. The success that followed surpassed the wildest expectations of most foreigners, who had written off America's mature economy, and even many Americans. Japan now finds itself in similar straits.
BUSINESS
December 25, 1998 | From Bloomberg News
Japan said its unemployment rate rose to a postwar record of 4.4% in November, equaling the U.S. jobless rate for the first time. The jobs-to-applicant ratio, meanwhile, fell to a record low 0.47, meaning there were 47 jobs posted at Japanese government-run job agencies for every 100 applicants. Economists polled in a Bloomberg News survey had expected the jobless rate to remain at 4.3%. The number of unemployed rose to 2.
BUSINESS
April 29, 1998 | From Reuters
Japan's jobless rate jumped to a record 3.9% in March--more bad news for ruling politicians battling to boost the nation's slumping economy. But a batch of data released Tuesday provided mixed signals for economists, with some cheered by signs that cautious consumers were spending more and others worried unemployment woes would depress sales and dampen output. The government said seasonally adjusted unemployment surged to 3.9% in March from 3.6% in February.
BUSINESS
December 29, 1993 | From Times Staff and Wire Reports
The country's jobless rate in November rose to 2.8%, the government reported. The rate inched up from 2.7% in October, the third consecutive month of worsening unemployment, and compares to 2.3% a year earlier, the management and coordination agency said. The jobless rate was last at 2.8% in August, 1987, when the yen's appreciation was hurting exporters and the overall economy. The figures are seasonally adjusted.
NEWS
May 4, 1996 | HILARY E. MacGREGOR, TIMES STAFF WRITER
At 21, Yoshiyuki Tenmei feels his life is over. He just spent a grueling year sending out hundreds of job applications, being grilled by personnel experts and taking a battery of tests. Now, in this nation where company affiliation defines status, identity--one's very life--he is about to graduate from college as the embodiment of social failure: He is a man without a meishi, or business card. "I feel like a complete social dropout," confessed the young man in black. Tenmei is not alone.
BUSINESS
December 27, 1995 | From Times Wire Services
Japan's jobless rate has risen to a record, but other barometers show its economy could be on the way to getting on its feet again. Analysts said the mixed bag of data released Tuesday shows that although the economy has been moving in the direction of recovery, it may take some time to actually achieve it.
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