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The Financial Express

Japan unemployment rate falls to 2.3pc in September

| Updated: November 21, 2018 20:40:29


A man is seen at a a commercial building at closing hour at a financial district in Tokyo, Japan on November 22, 2017 — Reuters/File A man is seen at a a commercial building at closing hour at a financial district in Tokyo, Japan on November 22, 2017 — Reuters/File

Japan’s jobless rate fell in September, while the availability of jobs improved to the highest level since January 1974, government data showed on Tuesday.

The seasonally adjusted unemployment rate fell to 2.3 per cent from 2.4 per cent in August, and compared with economists’ median forecast for the rate to remain unchanged, figures from the Internal Affairs ministry showed.

The jobs-to-applicants ratio rose to 1.64 from 1.63 in August, according to a Reuters report. The median forecast was for the ratio to remain unchanged.

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