July job availability best in over 23 years

Aug 28, 2015

July job availability best in over 23 years

Job availability across the country improved to its highest level in over 23 years and the unemployment rate fell to 3.3 percent in July, the government said Friday, signaling that companies are willing to hire more workers. The ratio of job offers to seekers ...

Aug 23, 2015

Major firms expect economy to grow: survey

Some 88 percent of major Japanese companies surveyed expect the economy to grow by the end of 2015, and nearly half of them plan to boost capital spending in the business year through March, a Kyodo News survey showed Saturday. The results of the ...

Aug 19, 2015

Abe aide says Japan needs up to ¥3.5 trillion economic injection

Japan needs an economic injection of as much as ¥3.5 trillion ($28 billion) to shore up consumption and stave off further economic contraction, said Etsuro Honda, an economic adviser to Prime Minister Shinzo Abe. “Households feel their income has been reduced,” Honda, 60, said ...

Domestic firms concerned about slumping consumption

Aug 18, 2015

Domestic firms concerned about slumping consumption

Domestic companies are becoming increasingly concerned about the slump in private consumption that was confirmed in weak April-June gross domestic product data, although corporate earnings in the period turned out to be strong thanks to the yen’s depreciation and falling crude oil prices. The ...

Aug 12, 2015

Japan economy contracted in April-June, say economists

Forty-one economists on average expect Japan’s seasonally adjusted gross domestic product in April-June to have shrunk a real 1.55 percent from the previous quarter at an annual rate, compared with the 0.72 percent growth estimated last month, a survey showed on Tuesday. Exports and ...

Jul 10, 2015

IMF cuts 2015 growth projection for world, Japan

The International Monetary Fund slashed its 2015 growth projections on Thursday for the world due to a setback for the U.S. economy as well as Japan, citing continuously weak consumption. The global economy is expected to expand 3.3 percent this year in terms of ...

Jul 1, 2015

Tankan shows unexpected improvement in manufacturer confidence

Sentiment among large manufacturers improved for the first time in three quarters in June, a Bank of Japan survey showed Wednesday, in a positive sign that runs counter to indications of a slowing economic recovery. The Tankan big manufacturer index rose to 15 from ...