Is Japan's Unemployment Rate Too Low?

Sadanori Nagayama

Japanese Economy, 1985, vol. 14, issue 1, 34-61

Abstract: The Japanese unemployment rate attracted much attention in 1983: Although it began to show signs of settling down at the end of the year, the total unemployment rate averaged 2.6 percent for the year, a rise from 2.4 percent in 1982 and the highest in thirty years. On the other hand, rates of the Western European countries and the United States were far higher than that of Japan, although those rates also began to show signs of mitigation recently: The average unemployment rate in 1983 was 9.4 percent in the United States, 12.4 percent in the United Kingdom, and 9.1 percent in West Germany. The argument here concerns whether or not the unemployment rate in Japan is indeed comparable to rates in European countries and the United States, particularly to that of the latter, which supposedly compiles unemployment statistics using the same labor force survey method as is used in Japan.

Date: 1985
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DOI: 10.2753/JES1097-203X140134

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