• Home
• About/Contact
• Economic Reports
• Research
• Advertising

• Business
• Economics
• Reports
• Finance
• Marketing
• Politics
• Real Estate
• Services
• Retail
• Tech

Subscribe

Ministry of Health, Labor and Welfare Report: 2007 Graduates finding work

According to a report released Tuesday by Japan’s Ministry of Health, Labor and Welfare, 87.7% of students graduating this spring from universities who intended to find work had successfully done so by February 1st. This number is 1.9% higher than last year’s figure.

The number of high school students who plan to work after graduation and had already found jobs had climbed by 2.8% compared to last year, to 88.1%.

The ministry’s data was obtained through a sampling of 6,250 university students across the nation and public job placement centers’ reports concerning the recruitment of high school students. The report also found that the employment rate among male university students is at 88.5%, which is up 1.2% from last year, and among female students, it is at 86.8%, up 2.8% over last year.

The report cited the recovering economy as well as strong worker demand among businesses seeing baby boomers retire in large numbers. The ministry did not, however, find that the benefits were equally spread among geographical locations: only 64.7% of graduates in Okinawa Prefecture and 66.6% in Hokkaido Prefecture had successfully found work.

According to the Asahi Shimbun, one of those companies eager to hire new graduates is Toyota, which plans to hire 3,500 new employees, its largest hiring group since 1992. To help deal with the retirement of baby boomers and increased production, Toyota intends to hire 2,000 new workers for assembly-line jobs, or 20% more than last year. 1,200 of Toyota’s 10,000 part-time workers will be converted to full-time positions. Part-timers current make up 30% of the automaker’s factory jobs.

Comments

Copyright © 2006-2008 Japan Economy News

Disclaimer