Japan's March Unemployment Rate Remains at 2.6%

In March, Japanese payrolls continued their upward trajectory for the 20th consecutive year, as reported by Reuters. Despite ongoing

labor shortages in key sectors such as hospitals, hotels, restaurants, and telecommunications firms, the unemployment rate remained unchanged, following an unexpected increase to 2.6% in February from a nearly four-year low of 2.4% in January, according to data released by the Ministry of Internal Affairs and Communications on Tuesday.

The seasonally adjusted jobless rate of 2.6% in March slightly exceeded the median forecast of 2.5%. January's rate represented the lowest figure since February 2020.

Compared to the previous month, the number of individuals who lost their jobs or retired rose by 4.5% in March, a deceleration from the significant 22.2% surge observed in February. more news visit this site link.https://shaffak.com

However The Number Of Those Who Began Seeking Employment Thereby Counted As Unemployed Remained Stagnant After Consecutive Increases In The Preceding Months.

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