• Kyodo News

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Japan’s seasonally adjusted unemployment rate reached a six-year high of 5.4 percent in June, clouding prospects for a real economic recovery anytime soon, as the largest-ever number of people were axed, government data showed Friday.

The rate rose from 5.2 percent in May at a time when industrial production and exports are in a recovery phase. The rate is at its highest level since April 2003, when it hit a record-high 5.5 percent.

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