Job availability reached the best level in over 24 years and the unemployment rate fell for the first time in two months in March, government data showed Thursday, signaling Japan’s labor market remains tight.
According to the Health, Labor and Welfare Ministry, the job availability ratio, also known as the job openings to job seekers ratio, edged up slightly to 1.30 in March, the highest since December 1991. The figure means 130 positions were available for every 100 job seekers.
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