Japan's jobless rate flat at 2.2% in August, remaining at lowest level in 26 years
The unemployment rate was unchanged at 2.2 percent in August, remaining at its lowest level in 26 years on the back of the chronic labor shortage, government data showed Tuesday. The number of people at work hit a record 67.51 million in August, of whom ...
Unemployment rate ticked up in November, but labor market remains tight: ministry
The unemployment rate climbed for the second consecutive month in November as the tightest labor market in decades induced people to leave their jobs in search of better opportunities, government data showed Friday. The jobless rate edged up to 2.5 percent, up 0.1 percentage point ...
The nation's labor market loosened slightly in October, government data showed Friday, though it remained near the tightest level seen in decades as companies struggled to find workers due to an aging population. The country's job availability ratio stood at 1.62, falling for the first ...
Japan's jobless rate falls to 24-year low of 2.4% in January
Japan's unemployment rate fell to 2.4 percent in January, the lowest in over 24 years, and job availability remained at a four-decade high, government data showed Friday. The figures suggest companies are facing intensifying competition to secure workers as the economy enjoys its second-longest postwar ...
Japan's job availability at best level in four decades amid labor shortage
Job availability has improved to its highest level in over four decades, the government said Tuesday, a fresh sign that companies are increasingly competing to hire workers amid the labor shortage. Despite the tight labor market, wages have been barely growing and private consumption, a ...
Japan's unemployment rate falls to 22-year low of 2.8% in February
Joblessness in Japan falls to 2.8 percent, the lowest in more than 22 years, as consumers remain reluctant to spend their hard-earned yen.
Japan's household spending remains weak in August despite low jobless rate
Household spending fell for the sixth straight month in August, reflecting weak consumer sentiment, though the unemployment rate remained low at 3.1 percent, up 0.1 percentage point from the previous month, government data showed Friday. Average household spending, a key indicator of private consumption, fell ...
Household spending rose in August for the first time in three months and job availability improved to the best in more than two decades, signs that could temper concerns the economy has fallen into yet another recession. The 2.9 percent year-on-year increase in household spending ...
U.S. wages lagging and no one knows why
The U.S. unemployment rate has dropped from a peak of 10 percent in October 2009 to 5.6 percent at the end of 2014. Yet, hourly wage gains haven't accelerated. Economists are baffled.
