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Japan March jobless rate rises to 2.5%

Other News Materials 26 April 2019 04:41 (UTC +04:00)
Japan’s jobless rate rose in March while the availability of jobs held steady at a high level, government data showed on Friday, underscoring a tight labor market
Japan March jobless rate rises to 2.5%

Japan’s jobless rate rose in March while the availability of jobs held steady at a high level, government data showed on Friday, underscoring a tight labor market, Trend reports citing Reuters.

The seasonally adjusted unemployment rate rose to 2.5 percent, against economists’ median forecast for 2.4 percent, figures from the Ministry of Internal Affairs and Communications showed.

The jobs-to-applicants ratio stood at 1.63, unchanged from February. The median estimate was for the ratio to rise to 1.64, according to a Reuters poll.

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