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MNI BRIEF: Japan Dec Jobless Flat From Nov At 2.9%

MNI (Sydney)
TOKYO (MNI)

Japan's average unemployment rate stood at a seasonally-adjusted 2.9% in December, unchanged from November's 2.9, according to data released by the Ministry of Internal Affairs and Communications on Friday.

The total number of employed fell 60,000 (-0.1%) m/m in December, after rising 430,000 (+0.6%) in November, and the number of unemployed rose 60,000 (+3.0%) from the previous month after falling 160,000 (-7.5%) in November.

The job-to-applicant ratio, a leading indicator of the employment market, stood at 1.06 in December, unchanged from November, according to data released by the Ministry of Health, Labour and Welfare.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
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MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
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