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TOKYO (MNI)

Japan's average unemployment rate stood at a seasonally-adjusted 2.8% in April, up from 2.6% in March, according to data released by the Ministry of Internal Affairs and Communications on Friday.

The total number of employed fell by 260,000 (-0.4%) m/m in April, after rising 130,000 (+0.2%) in March, and the number of unemployed rose by 140,000 (+7.8%) in April after falling 230,000 in March.

Job losses have been concentrated among the accommodation sector and among eating and drinking services as well as transportation.

The job-to-applicant ratio, a leading indicator of the employment market, stood at 1.09 in April, down from 1.10 in March, for the first drop in two months, 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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