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Japan's jobless rate falls to 2.5% in August: Govt

Japan's jobless rate falls to 2.5% in August: Govt

FILE PHOTO: People walk inside a building in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato

TOKYO: Japan's jobless rate fell to 2.5 per cent in August, while the availability of jobs grew for the eighth straight month to a more than two-year high, government data showed on Friday.

The seasonally adjusted unemployment rate compared with a median forecast of 2.5 per cent in a Reuters poll of economists.

The jobs-to-applicants ratio was 1.32, labour ministry data showed, above 1.29 in July and marking its highest since March 2020.

Source: Reuters

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