ZCZC
BCN-21
JAPAN-JOBLESS-RATE
Japan’s jobless rate rises to 2.5 pct in March
TOKYO, April 26, 2019 (BSS/Xinhua) – Japan’s unemployment rate rose in
March from a month earlier, the Ministry of Internal Affairs and
Communications said in a report on Friday.
According to the ministry, the unemployment rate stood at 2.5 percent in
the recording month, up from 2.3 percent a month earlier.
Separately, the Ministry of Health, Labor and Welfare said the job
availability ratio stood at 1.63, unchanged from a month earlier.
The ratio equates to being 163 available jobs for every 100 people seeking
work.
The figures highlight the ongoing labor crunch Japan is experiencing as the
workforce is rapidly being hollowed out by Japan’s increasingly aging and
shrinking population.
BSS/XINHUA/HR/1112