Japan’s Job Availability Rises to 22 Year Best

Japan’s job availability improved in June to its best level in 22 years, as companies were eager to hire more workers amid labor shortages in a wide range of industries such as healthcare and construction, with the economy recuperating, the government said Tuesday.

The unemployment rate, however, rose for the first time in 10 months to 3.7 percent during the month from 3.5 percent in May, the Ministry of Internal Affairs and Communications said. A ministry official attributed the climb to more women seeking employment due to economic recovery.

The ratio of employment offers to seekers increased for the 19th straight month to 1.10 in June from 1.09 in the previous month, which means 110 positions were available for every 100 job seekers, the Ministry of Health, Labor and Welfare said.

It was the highest level since June 1992, soon after the burst dof the country’s asset-inflated bubble economy.

via Mainichi

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