Japan: Labor cost
* indicates monthly or quarterly data series
The most recent value is 97.5 index points as of March 2025, a decline compared to the previous value of 99.4 index points. Historically, the average for Japan from February 1997 to March 2025 is 98.56 index points. The minimum of 86.8 index points was recorded in May 2020, while the maximum of 103.2 index points was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: index points
- Source: Ministry of Health, Labour and Welfare, Japan
| Recent values | Japan: Labor cost index |
|---|---|
| 2025 Mar | 97.5 |
| 2025 Feb | 99.4 |
| 2025 Jan | 98.6 |
| 2024 Dec | 99.4 |
| 2024 Nov | 99.2 |
| 2024 Oct | 99.9 |
| 2024 Sep | 99.5 |
| 2024 Aug | 99.7 |
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Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 69.21 | 2023 | million people |
| Unemployment rate | 2.58 | 2023 | percent |
| Female unemployment | 2.34 | 2023 | percent |
| Male unemployment | 2.77 | 2023 | percent |
| Youth unemployment | 4.09 | 2023 | percent |
| Labor force participation | 62.91 | 2023 | percent |
| Labor force: percent female | 45.11 | 2023 | percent |
| Female labor force participation | 54.85 | 2023 | percent |
| Male labor force participation | 71.55 | 2023 | percent |
| Hours worked | 1,607.00 | 2023 | hours |
| Self-employment | 9.69 | 2022 | percent |
| Employment | 67.96 | 4/2025 | million employed people |
| Unemployment rate | 2.70 | 4/2025 | percent |
| Labor cost | 97.50 | 3/2025 | index points |