Japan December Jobless Rate Falls To 2.4%

photo credit: AMRO Asia

Japan’s jobless rate fell to 2.4% in December from the previous month, government data showed on Tuesday.

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

The jobs-to-applicants ratio slipped to 1.27 in December, matching the level seen in June 2022, separate labour ministry data showed. It was slightly lower than the median forecast of 1.28.

For a table on the jobless data, go to the internal affairs ministry’s website:

(Note: The jobs-to-applicants ratio and new job offers can be seen in Japanese on the labour ministry’s website) – Reuters

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