Japan’s job availability in 2022 improved for first time in four years

Japan’s average job availability in 2022 improved for the first time in four years as economic and social activities revived with the easing of COVID-19 restrictions, government data showed Tuesday.

The job-to-applicant ratio rose 0.15 point from the previous year to 1.28, thanks to a stronger hospitality sector, the Ministry of Health, Labor and Welfare said. The figure has not yet reached the pre-pandemic level of 1.6 in 2019, indicating that a full recovery will take time.

The ratio means there were 128 job openings for every 100 job seekers.

Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors. 

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