A record-high 98 percent of newly minted university graduates landed jobs at the beginning of this fiscal year, government data showed Friday, reflecting a
A record-high 98 percent of newly minted university graduates landed jobs at the beginning of this fiscal year, government data showed Friday, reflecting a recovering economy.
The employment rate of job-seeking graduates rose 0.4 percentage points from a year earlier, up for the seventh consecutive year, in an annual survey that’s been conducted since 1997 by the labor and education ministries.
Aided by firms’ increasing appetite for recruitment, the rate of university students seeking jobs also increased to 75.3 percent, the highest on record.
A labor ministry official attributed the rises to an economic turnaround that has provided students with more opportunities to apply for positions that match their preferences.
The employment rate among new high school graduates who sought jobs as of the end of March gained 0.1 percentage point to 98.1 percent, up for the eighth straight year.
“Enhanced collaboration between Hello Work (public job-placement offices) and universities or high schools, as well as improved career education, have contributed to the strong figures,” education minister Yoshimasa Hayashi told a news conference.
