Back number

No.88(2012/4/11)
JTUC-RENGO holds meetings with university students at May Day rally 2012
Mayday rally 2011
On April 28th, for the first time, JTUC-RENGO holds meetings with university students who are aiming to get their jobs next year at the place where May Day rally is held. At the meetings, junior union leaders in their 30s from the company-based unions talk about their experiences to job seekers through Q & A session. RENGO says they will have eight meetings with 50 students.

According to the Ministry of Health, Labour and Welfare, one third of university graduates quit their jobs within three years after joining companies. JTUC-RENGO attributed the reasons for this phenomenon to differences between their image of companies and the reality.

JTUC-RENGO aims to avoid these mismatches, exchanging the view on work ethic with students. Under the current circumstances against trade union movement, JTUC-RENGO also wants students to be familiar with unions in order to increase their members.
The Economic and Labour Situation in Japan (April 2012)
Industrial Production
Industrial production in February 2012 decreased 1.2% from the previous month, registering a decrease for the first time in three months but nevertheless up 1.5% over the previous year. Industrial production continues to show an upward movement.The index in February was 94.1 (seasonally adjusted).

Industries that mainly contributed to the decrease were as follows: (1) general machinery, (2) transport equipment, and (3) information and communication electronic equipment, in that order.

Commodities that mainly contributed to the decrease were as follows: (1) cell phones, (2) large passenger cars, and (3) active matrix LCDs (liquid crystal displays), in that order.

According to the Survey of Production Forecast in Manufacturing, production was expected to increase by 2.6% in March and by 0.7% in April.

Industries that were expected to mainly contribute to the increase in March were as follows: (1) transport equipment, (2) information and communication electronic equipment, and (3) electronic parts and devices, in that order.

Industries that were expected to mainly contribute to the increase in April were as follows: (1) chemicals, (2) transport equipment, and (3) general machinery, in that order.

Family Income and Expenditure Survey in February
(1) Expenditure for Two-or-More-Person Households
The average monthly consumption expenditure per two-or-more-person household in February 2012 was 267,895 yen, up 2.7% in nominal terms and up 2.3% in real terms over the same month in the previous year.
(2) Income and Expenditure for Workers' Households
The average monthly income per household stood at 483,514 yen, up 2.9% in nominal terms and up 2.5% in real terms over the same month in the previous year.
The average monthly consumption expenditure per household was 292,949 yen, up 3.3% in nominal terms and up 2.9% in real terms over the same month in the previous year.

Labour Force Survey Monthly Results
(1) Employment
The number of employed persons in February 2012 was 62.26 million, a decrease of 400,000, or 0.6%, from the same month in the previous year.

(2) Unemployment
The number of unemployed persons in February 2012 was 2.89 million, a decrease of 140,000, or 4.6%, from the same month in the previous year.
The seasonally adjusted unemployment rate was 4.5%, down 0.1 point from the previous month.

(10,000 persons)
  February figures Change from previous month
      (%)
Population aged 15 years or over 11,101 -15 -0.1
Labour force 6,515 -55 -0.8
Employed persons 6,226 -40 -0.6
Employees 5,488 -43 -0.6
Unemployed persons 289 -14 -4.6
Not in labour force 4,582 40 0.9
Labour force participation rate (%) 58.7 -0.3 -
Employment rate (%) 56.1 -0.2 -
Unemployment rate, original series (%) 4.4 -0.2 -
  Current month Change from previous month
Unemployment rate, seasonally adjusted (%) 4.5 -0.1 -
According to a separate report released by the Ministry of Health, Labour and Welfare, job availability improved slightly in February, with the ratio of job offers to job seekers standing at 0.75, up 0.02 points over the previous month. This figure means that there were 75 jobs available for every 100 job seekers.

Consumer Prices
The consumer price index for Japan in February 2012 was 99.8 (2010=100), up 0.2% over the previous month and up 0.3% over the same month of the previous year.
The preliminary consumer price index for central Tokyo (the 23 special wards) in March 2012 was 99.5 (2010=100), up 0.4% over the previous month but down 0.1% from the same month of the previous year.
Copyright(C) JILAF All Rights Reserved.