FX.co ★ Japan's Jobs-to-Applicants Ratio Holds Steady in September

As of October 30, 2025, Japan's labor market showed signs of stability, with the jobs-to-applicants ratio remaining constant in September. The ratio held firm at 1.20, mirroring the figure recorded in August. This indicates that there were 1.2 job openings for every job seeker.

This steady ratio, noted for a second consecutive month, suggests a balanced labor market where job openings and candidates remain matched. The unchanged ratio may reflect ongoing economic conditions where both employers and potential employees adjust to the current hiring pace without substantial fluctuation in demand or supply.

Analysts often closely monitor the jobs-to-applicants ratio as it provides insight into market competitiveness and potential shifts in economic activity. While the stable ratio in September indicates consistency, economists will be watching future data releases to assess how Japan's labor market adapts to evolving economic challenges.