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No.84(2012/3/9)
The Economic and Labour Situation in Japan (March 2012)
Industrial Production
Industrial production in January increased 2.0% over the previous month, registering an increase for the second consecutive month but down 1.2% from the previous year. The index in January was 95.3 (seasonally adjusted).
Industries that mainly contributed to the increase were as follows: (1) transport equipment, (2) information and communication electronics equipment, and (3) iron and steel, in that order.
Commodities that mainly contributed to the increase were as follows: (1) large passenger cars, (2) digital still cameras, and (3) car navigation systems, in that order.
According to the Survey of Production Forecast in Manufacturing, production was expected to increase by 1.7% in February and by 1.7% in March 2012.

Annual Average Monthly Consumption Expenditure in 2011
(1) Expenditure of Two-or-More-Person Households
The annual average monthly consumption expenditure per household in 2011 was 282,955 yen, down 2.5% in nominal terms and down 2.2% in real terms from the previous year.
(2) Income and Expenditure of Workers' Households
The annual average monthly income per household stood at 510,117 yen, down 2.0% in nominal terms and down 1.7% in real terms from the previous year.
The annual average monthly consumption expenditure was 308,826 yen, down 3.0% in nominal terms and down 2.7% in real terms from the previous year.

Labour Force Survey
(1) Employment
The number of employed persons in January 2012 was 62.11 million, a decrease of 480,000, or 0.8%, from the previous year.

(2) Unemployment
The number of unemployed persons in January 2012 was 2.91 million, a decrease of 190,000, or 6.1%, from the previous year.
The seasonally adjusted unemployment rate was 4.6%.
According to a separate report released by the Ministry of Health, Labour and Welfare, job availability improved in January, with the ratio of job offers to job seekers standing at 0.73, up 0.02 points over the previous month. This figure means that there were 73 jobs available for every 100 job seekers.

(3) Number of employees (excluding executives) of companies or corporations by type of employment
Actual figures; 10,000 persons
  Employees (excl. executives) of companies or corpora- tions  
Regular staff Nonregular staff  
Part-time, temporary staff Staff dispatched from temporary staff agencies Contract   or consigned  staff Others
2006 5,088 3,411 1,677 1,125 128 283 141
2007 5,174 3,441 1,732 1,164 133 298 137
2008 5,159 3,399 1,760 1,152 140 320 148
2009 5,102 3,380 1,721 1,153 108 321 139
2010 5,111 3,355 1,756 1,192 96 330 137

2011
[4,918] [3,185] [1,733] [1,181] [92] [340] [120]
[ ] = The three prefectures that suffered most damage in the Great East Japan Earthquake of March 2011 (Fukushima, Iwate, and Miyagi) are not included in the figures.
Source: Ministry of Internal Affairs and Communications, Labour Force Survey

(4) Number of unemployed persons by duration of unemployment
Actual figures; 10,000 persons
  Total  
Less than
3 months
3 months
or more
 
3 months to less than
6 months
 6 months
to less than
1 year
 1 year
or more
 
1 year to
less than
2 years
2 years
or more
2006 275 98 175 44 41 90 37 53
2007 257 94 160 38 39 83 34 49
2008 265 96 166 42 37 87 36 51
2009 336 117 214 59 60 95 43 52
2010 334 94 230 51 58 121 59 62

2011
[284] [84] [192] [40] [43] [109] [48] [61]
[ ] = The three prefectures that suffered most damage in the Great East Japan Earthquake of March 2011 (Fukushima, Iwate, and Miyagi) are not included in the figures.
Source: Ministry of Internal Affairs and Communications, Labour Force Survey

Consumer Prices
The consumer price index for Japan in January 2012 was 99.3 (2010=100), 0.2% down from the previous month and 0.1% down from same month of the previous year.
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