Staffing industry market size in Japan FY 2018-2024
The recruiting industry in Japan was expected to generate about 10.26 trillion Japanese yen in the fiscal year 2024. 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. Jobseekers 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.