Labor cost index in Japan, February 1997 - February 2021
For that indicator, we provide data for Japan from February 1997 to February 2021. The average value for Japan during that period was 98.07 index points with a minimum of 86.8 index points in May 2020 and a maximum of 102.7 index points in May 2012.
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* indicates monthly or quarterly data series
Measure: index points
Source: Ministry of Health, Labour and Welfare, Japan
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.