Japan’s unemployment rate fell to a seasonally adjusted 4.3 percent in June from 4.4 percent in May for the second straight month, according to data released by the Ministry of Internal Affairs and Communications on Tuesday.
The number of people employed grew 270,000, or 0.4 percent, to 62.72 million while the unemployed fell 80,000, or 2.8 percent, to 2.81 million.
The jobless rate for men stayed unchanged at 4.5 percent, while the figure for women improved to 4.0 percent from 4.3 percent.
Employment conditions have shown some “development of improvement” as more people manage to find jobs amid the economic recovery, a ministry official said.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at email@example.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.