Appended Note 1-2 Estimation of the size of over-employment
- Japanese version
- English version
The diffusion index (DI) for judging employment conditions has been estimated as follows. Then the size of over-employment was calculated from per capita labor cost while conditioning that the changes in labor share necessary to eliminate the estimated level of over-employment has been conducted through cut down in labor cost alone.
The size of over-employment (estimated value) derived from the diffusion index (DI) for judging employment conditions in the Bank of Japan's Short-term Economic Survey of Principal Enterprises in Japan (TANKAN Survey)
