IDEAS home Printed from https://ideas.repec.org/a/eee/jjieco/v75y2025ics0889158324000352.html
   My bibliography  Save this article

Labor market of regular workers in Japan: A perspective from job advertisement data

Author

Listed:
  • Furukawa, Kakuho
  • Hogen, Yoshihiko
  • Kido, Yosuke

Abstract

We present an analysis of wages and labor market tightness for regular workers (full-time permanent workers) in Japan, utilizing a novel dataset of online job advertisements spanning the period from 2015 to 2022. Despite the importance of online job advertisements for the labor market, little has been studied for the case of Japan. Our study documents labor market conditions reflected in online job advertisement data and investigates how posted wages are related to the labor market tightness, and how they affect actual wages of existing workers. The results uncover several aspects of the labor market which are not captured by official statistics. First, we find that posted wages for regular workers increased at a pace faster than wages for existing regular workers in the sample period, with some heterogeneity across industries and skill requirements. Second, we find that the estimated job-filling rate observed from the dataset declined in recent years, which suggests difficulties that firms faced in hiring workers, and that this was associated with an increase in posted wages. Third, we find that an increase in posted wages positively affects the wages of existing regular workers after some time lag. Our empirical findings suggest that spillovers are driven by underlying mechanisms such as retention of existing workers, and fairness norms to maintain a balance in wages between newly hired workers and existing workers.

Suggested Citation

  • Furukawa, Kakuho & Hogen, Yoshihiko & Kido, Yosuke, 2025. "Labor market of regular workers in Japan: A perspective from job advertisement data," Journal of the Japanese and International Economies, Elsevier, vol. 75(C).
  • Handle: RePEc:eee:jjieco:v:75:y:2025:i:c:s0889158324000352
    DOI: 10.1016/j.jjie.2024.101339
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0889158324000352
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jjie.2024.101339?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Job advertisements; Alternative data; Posted wages; Labor demand;
    All these keywords.

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jjieco:v:75:y:2025:i:c:s0889158324000352. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622903 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.