Economic Indicators

Japan’s jobless rate falls to 2.5% in Nov


FILE PHOTO: Job seekers attend orientation sessions at company booths during a job fair held for fresh graduates in Tokyo, Japan, March 20, 2016. REUTERS/Yuya Shino/File Photo GLOBAL BUSINESS WEEK AHEAD

TOKYO (Reuters) — Japan’s jobless rate fell to 2.5% in November, while the availability of jobs stayed at its highest level since March 2020, government data showed on Tuesday.

The seasonally adjusted unemployment rate matched economists’ median forecast in a Reuters poll and was down from 2.6% in October.

The jobs-to-applicants ratio stood at 1.35, labour ministry data showed, unchanged from October.

For a table on the jobless data, go to the internal affairs ministry’s website:

http://www.stat.go.jp/english/data/roudou/index.htm

(Note: The jobs-to-applicants ratio and new job offers can be seen in Japanese on the labour ministry’s website)

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