Japan’s unemployment rate improves

Japan’s unemployment rate improved in November for the first time in four months, the government said in a report on Friday.

According to the Ministry of Internal Affairs and Communications, the unemployment rate stood at 2.2 per cent in the recording month, dropping 0.2 per centage point from October.

Unadjusted for seasonal factors, the number of unemployed people was 1.51 million in the recording month, down by 170,000 from a year earlier and still hovering near the lowest levels since the early 1990s amid the nation’s ongoing labor crunch.

The statistics bureau also said that 630,000 people left their jobs of their own volition, a decline of 120,000 from the previous year, while those laid off stood unchanged at 220,00 people in the recording period.

The ministry also said the number of new job seekers dropped to 350,000, down by 20,000 people, according to its latest figures.

 

Japans unemployment rate improves

Japans unemployment rate improved in November for the first time in four months, the government said in a report on Friday. According to the Ministry of Internal Affairs and Communications, the unemployment rate stood at 2.2 per cent in the recording month, dropping 0.2 per centage point from October. Unadjusted for seasonal factors, the number of unemployed people was 1.51 million in the recording month, down by 170,000 from a year earlier and still hovering near the lowest levels since the early 1990s amid the nations ongoing labor crunch. The statistics bureau also said that 630,000 people left their jobs of their own volition, a decline of 120,000 from the previous year, while those laid off stood unchanged at 220,00 people in the recording period. The ministry also said the number of new job seekers dropped to 350,000, down by 20,000 people, according to its latest figures.