The recruiting industry in Japan was expected to generate about 9.91 trillion Japanese yen in the fiscal year 2023. The market experienced continuous growth in the past years and increased even during the COVID-19 pandemic. Figures are aggregate values representing the main segments of the industry in Japan which includes dispatching, staffing, and outplacement services, with the notable exception of outsourcing.
Unemployment and prevalent job searching methods
The unemployment rate in Japan is relatively low, with the number of unemployed people staying below two million in the past few years. Job seekers in Japan can resort to various methods to find a job. The most common primary search method used by unemployed people is to apply for jobs posted in advertisements or in specialized magazines. Other common methods include job applications through the public employment security office, applying through school and acquaintances, and job applications through private employment offices or similar organizations.
Use of dispatch services
The dispatching business is a sizable segment of the recruiting industry in Japan. The average number of people registered at dispatching agencies during the year amounts to several million, and there are several hundred thousand companies in Japan making use of dispatch workers. While signing with dispatching companies generally results in lower wages for employees, when compared to regular employees, contracts tend to be more flexible in terms of work hours and workplaces.
Market size of the recruiting industry in Japan from fiscal year 2018 to 2023
(in trillion Japanese yen)
fiscal years 2018 to 2023; the Japanese fiscal year runs from April 1 of the stated year to March 31 of the following year
Special properties
the market size is based on the sales of businesses
Supplementary notes
*Prospect.
Figures include HR businesses providing temporary staffing, recruitment, re-employment, and outplacement support services.
Research targets were agencies and companies in temporary staffing service providers (mainly for office works), recruiting firms that handle white collar jobs and office works, and outplacement agencies.
100 Japanese yen equal 0.64 U.S. dollars or 0.59 euros as of June 2024. Values have been rounded.
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Yano Research. (October 20, 2023). Market size of the recruiting industry in Japan from fiscal year 2018 to 2023 (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1197766/japan-hr-business-market-size/
Yano Research. "Market size of the recruiting industry in Japan from fiscal year 2018 to 2023 (in trillion Japanese yen)." Chart. October 20, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1197766/japan-hr-business-market-size/
Yano Research. (2023). Market size of the recruiting industry in Japan from fiscal year 2018 to 2023 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1197766/japan-hr-business-market-size/
Yano Research. "Market Size of The Recruiting Industry in Japan from Fiscal Year 2018 to 2023 (in Trillion Japanese Yen)." Statista, Statista Inc., 20 Oct 2023, https://www.statista.com/statistics/1197766/japan-hr-business-market-size/
Yano Research, Market size of the recruiting industry in Japan from fiscal year 2018 to 2023 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1197766/japan-hr-business-market-size/ (last visited November 21, 2024)
Market size of the recruiting industry in Japan from fiscal year 2018 to 2023 (in trillion Japanese yen) [Graph], Yano Research, October 20, 2023. [Online]. Available: https://www.statista.com/statistics/1197766/japan-hr-business-market-size/