Japanese Unemployment Falls to Lowest in Over 4 Years



In June, Japan's jobless rate fell 0.2 percentage points to 3.9 percent, the lowest level since October of 2008. The number of unemployed persons was 2.60 million, a decrease of 280 thousand or 9.7 percent from the previous year. Youth unemployment was 6.4 percent.

The number of employed persons in June 2013 was 63.33 million, an increase of 290 thousand or 0.5 percent from the previous year. The jobs-to-applicants ratio rose to 0.92, the highest level in five years and the number of new job offers rose 2.2 percent in June from the previous month.

Compared to the same month a year earlier, employment rose the most in medical and health care; finance and insurance, information and communications and scientific research. The biggest job losses were reported in manufacturing, agriculture and forestry, construction and transport and postal services.

Japanese Unemployment Falls to Lowest in Over 4 Years


Statistics Japan | Nuno Fontes | nuno@tradingeconomics.com
7/30/2013 9:38:39 AM