In addition, various surveys show that summer bonuses are likely to increase. As for the outlook, in a situation where Japan’s economy continues to grow at a pace above its potential, firms have shown more willingness to hire new recruits, including regular employees.
Under such circumstances, it is likely that the labor supply and demand conditions will further tighten, and the unemployment rate is expected to continue declining to a level more or less close to the structural unemployment rate – a state in which excess labor force has disappeared.