Japan unemployment rate dropped to 2.6% in Mar, lowest in 2 years

Japan unemployment rate dropped from 2.7% to 2.6% in March, better than expectation of 2.7%. That;s also the lowest rate since April 2020. Number of workers rose 180k while unemployed dropped -90k. Job-to-applicant ratio rose 0.01 pts to 1.22. “The drop in unemployment rate indicates signs of recovery” in the labour market, a government official […]

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