Japan's July jobless rate rises to 2.7%
Japan's jobless rate rose to 2.7% in July from the previous month, government data showed on Tuesday.
The jobs-to-applicants ratio fell to 1.29 from 1.30 in July to mark the third month of decrease. Image source: Freepik
Japan's jobless rate rose to 2.7% in July from the previous month, government data showed on Tuesday.
The seasonally adjusted unemployment rate was higher than economists' median forecast of 2.5% in a Reuters poll and June's 2.5%.
The jobs-to-applicants ratio fell to 1.29 from 1.30 in July to mark the third month of decrease, against economists' median forecast for staying flat, separate labour ministry data showed.
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Written By: Reuters
Updated: Tue, Aug 29, 2023
07:52 AM IST
07:52 AM IST
New Delhi, Reuters