Tuesday 7 July 2020
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eaglenews - 8 days ago

Japan jobless rate up, available jobs in worst plunge since 1974

TOKYO, Japan (AFP) Japan s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world s number-three economy. The 0.3-percentage-point rise from April suggests Japan s first recession since 2015 is beginning to have an impact on the labour market. Another closely watched indicator showed there were 120 jobs available for every 100 jobseekers, compared to 132 jobs in April [ ]


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