Private think tanks and others have announced estimates of the impact on the Japanese economy if the state of emergency is extended by one month.
Combined with the impact from the 7th of last month when the declaration was issued, it is predicted that the annual GDP = gross domestic product will be reduced by about 0.5% to 1%, and there is concern that the number of unemployed will increase.
Four companies, including a private think tank, have released estimates of the impact on the Japanese economy if the state of emergency is extended by one month in 10 prefectures such as Tokyo and Osaka.
According to this, including the impact of the state of emergency being declared on the 7th of last month, the extension of this declaration will increase the annual GDP from 2.6 trillion yen to 5.8 trillion yen, or 0.5% to 1 in terms of rate. It is predicted to push down by about%.
Of these, Nomura Research Institute and Daiwa Institute of Research pointed out that the growth rate of GDP during the three months from January to March may be negative.
In terms of employment, Nomura Research Institute states that "the number of unemployed will increase by 229,000," and Daiichi Seimei Keizai Kenkyusho said, "If nothing is done, about 159,000 unemployed will be unemployed six months later. It will be calculated to come out. "
Regarding the outlook, there is a view that "the economy is expected to become stronger after the declaration is lifted because demand is suppressed, and there is no need to be overly pessimistic", while "the number of failures in food and drink and its business partners has increased. There is also concern that this will lead to a worsening employment situation. "