Japan’s jobless rate rises to 2.9% in May: government

imageEconomic Indicators14 hours ago (Jun 29, 2020 07:35PM ET)

(C) Reuters. FILE PHOTO: A man walks in a small road between two commercial buildings at a business district in Tokyo

TOKYO (Reuters) – Japan’s jobless rate rose and the availability of jobs fell in May, government data showed on Tuesday.

The seasonally adjusted unemployment rate was 2.9% in May, up from 2.6% in April, figures from the Ministry of Internal Affairs and Communications showed. The median forecast was 2.8%.

The jobs-to-applicants ratio fell to 1.20 in May from 1.32 in April, marking the lowest reading since July 2015, labour ministry data showed.

For a table, click 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.)

Japan’s jobless rate rises to 2.9% in May: government

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