Productivity and Wage Cost

   Labor Productivity
(Manufacturing)
Wage cost
(Manufacturing)
Indices
(2020=100)
Annual
percent
change
Annual
percent
change
Calendar year  
2019 107.0 -1.4 3.3
2020 100.0 -6.5 7.9
2021 104.7 4.7 -4.4
2022 105.1 0.4 0.8
2023 103.3 -1.7 3.2
2024 101.3 -1.9 6.1
2023 Nov 101.9 -2.4 1.7
  Dec 104.1 -1.2 4.3
2024 Jan 102.7 -1.4 3.5
  Feb 96.9 -4.1 6.5
  Mar 110.5 -4.7 7.6
  Apr 97.0 -0.5 4.9
  May 101.0 -1.1 0.1
  Jun 95.9 -6.2 14.3
  Jul 103.6 2.4 2.3
  Aug 97.0 -4.5 7.7
  Sep 104.4 -0.8 5.8
  Oct 104.9 1.7 2.1
  Nov 98.3 -3.5 6.3
  Dec 103.7 -0.4 7.5
Source MHLW "Monthly Labour Survey"
METI "Indices of Industrial Production", 
MHLW
"Monthly Labour Survey"
NOTES:
Calculated by JILPT
Labor productivity indices = [(indices of industrial production(manufacturing) / 100) / {(regular employment indices / 100) * (total hours worked indices / 100)}]*100
Wage cost = [ { (indices of nominal wage / 100) * (regular employment indices / 100)} / (indices of industrial production(manufacturing) / 100) ]*100
Regular employment indices, indices of nominal wage and total hours worked indices : manufacturing, 5 employees or more.
Labor productivity and wage cost. Line chart. See the table above for data.