Chart 7  Labor Market Conditions Unemployment Rate and Active Job Openings-to-Applicants Ratio s.a., ratio  s.a., %  Diffusion Index of Employment Conditions (Tankan)  reversed, DI ("Excessive employment" minus "Insufficient employment"), % points Insufficient employment  Unemployment rate (right scale)  Excessive employment  Active job openings-to-applicants Ratio (left scale) Active job openings-to-applicants ratio for full-time employees (left scale)  CY  CYCY Sources: Ministry of Internal Affairs and Communications; Ministry of Health, Labour and Welfare.
Increasing the rate we offer to banks on deposits at the Federal Reserve will put upward pressure on all short-term interest rates. In addition, we are developing and testing techniques for draining large volumes of reserves through reverse repurchase agreements and through term deposits at the Federal Reserve.