Job-to-Applicant Ratio
Job-to-Applicant Ratio is the ratio of effective job openings to effective job seekers and is one of the key indicators reflecting employment trends.Since it moves almost in line with the business cycle, it is classified as a coincident indicator in economic trend indices.It is calculated by Japan’s Ministry of Health, Labour and Welfare based on the number of job seekers and job openings at public employment security offices (Hello Work) nationwide, and is published monthly in the "Report on Employment Service".The ratio is calculated by dividing the number of effective job openings by the number of effective job seekers.A ratio above 1 indicates that there are more job openings than job seekers, while a ratio below 1 means there are more job seekers than available positions. It is usually released at 8:30 (JST), which corresponds to 18:30 (EST) on the previous day.
Latest recorded value at build time: 1.18 ( ratio). Observation date: .
Source
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