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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Jobs/applications ratio held to 1.18% in August 2026
FMPMonthlyReleased August 2026
Japan Jobs/applications ratio held to 1.18% in August 2026. The reading matched the 1.19% consensus.
Latest Release
1.180000
Actual
1.190000
Consensus
1.180000
Previous
Median Absolute Error
±0.01 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 1.19
Actual: 1.18
Error: +0.01
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.58 | CRYPTO | Moves against | → View |
| S&P 500 | ▲ Direct | +0.49 | INDEX | Moves with | → View |
| USD/JPY | ▼ Inverse | −0.42 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Moves with | → View |
| EUR/JPY | ▼ Inverse | −0.38 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Jobs/applications ratio (Japan) was reported at 1.18% in August 2026. This missed the market consensus of 1.19% by 0.01%. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 1.18%, ranging from 1.17% to 1.2% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 1.18%, down from the prior three at 1.18%. Volatility over the past year (σ 0.01%) is lower than the prior year (σ 0.01%). In August readings over the past 3 years, Jobs/applications ratio has averaged 1.21%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.01%.
WHAT TO WATCH NEXT
The next release is scheduled for October 1, 2026. Same-country events in the next 14 days include Exports YoY (Sep 15) and Balance of Trade (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Jobs/applications ratio - JP
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About Jobs/applications ratio — Japan
DEFINITION
The jobs/applications ratio is a financial indicator that measures the number of job openings available compared to the number of applications received. This ratio is used to assess the competitiveness of the job market and can provide insights into the overall health of the economy. A high ratio indicates a strong job market with a high demand for workers, while a low ratio may suggest a more competitive job market with a larger pool of applicants for each job opening. This indicator is often used by economists, policymakers, and businesses to make informed decisions about hiring, investment, and economic growth.
WHY THIS INDICATOR MATTERS
Labor-market data shapes consumer-spending forecasts and is closely tracked by central banks assessing the output gap and wage-inflation pass-through. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 1.18 %, consensus 1.19 %. Prior reading (Jun 2026): 1.18 %. Before that (May 2026): 1.17 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary neutral force in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.58) — a useful reference for crypto-focused traders.
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Economic Calendar - JP Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 04:30 | JP | Capacity Utilization | 0.5 | 4.1 | -1.3 | -0.40 | Low |
| 04:30 | JP | Industrial Production MoM | -0.2 | 1.9 | 0.1 | -0.05 | Low |
| 04:30 | JP | Industrial Production YoY | 3.9 | 4.9 | 4.1 | 4.00 | Low |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 04:30 | JP | Tertiary Industry Index MoM | -0.2 | 0.3 | 0.30 | Low | |
| 23:50 | JP | Exports YoY | 23.2 | 18.2 | 18.60 | Medium | |
| 23:50 | JP | Balance of Trade | -634.5 | -1052.6 | -959.65 | High | |
| 23:50 | JP | Imports YoY | 27.8 | 26.3 | 26.15 | Low | |
| 23:50 | JP | Machinery Orders MoM | 9.7 | -2.8 | 1.10 | Medium | |
| 23:50 | JP | Machinery Orders YoY | 16.9 | 15.3 | 18.45 | Medium | |
| 23:50 | JP | Adjusted Trade Balance | -0.69 | -0.98 | -0.92 | Medium | |