Japan's unemployment rate fell to 2.5% in June, with 68.22 million people employed.
Japan's unemployment rate dropped to 2.5% in June, marking the first improvement in five months, with the total number of people with jobs reaching 68.22 million. The jobs-to-applicants ratio slipped to 1.23 in June, reflecting a tight labor market in Japan. This tightness is expected to maintain upward pressure on wages, as companies compete to hire and retain workers.
July 30, 2024
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