CSRDA Discussion Paper Series

No. 82 The Relationship between Wages and Hiring in the Japanese Labor Market
Tomohiro Sakuragi
Tomohiro Sakuragi University of Tokyo
Labor MarketJob Listing
Goal 8: Decent Work and Economic Growth
Employment Referrals for General Workers

In this study, we utilized job listing data from public employment services spanning from April 2019 to March 2021 to explore the relationship between wages and the hiring of job seekers. The analysis revealed that unfilled job listings (those which did not lead to a hire) consistently offered higher monthly wages compared to those listings that were successfully filled across various job types, prefectures, municipalities, and fiscal years. The difference between the average monthly wage for unfilled vacancies and that for filled vacancies was ¥21,241 for the fiscal year 2019 and ¥22,454 for the fiscal year 2020. These findings suggest a potential issue in the appropriate matching between job listings and job seekers.