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Japan May jobless rate unchanged at 2.6%, job availability down

JAPAN-ECONOMY/UNEMPLOYMENT (URGENT)Japan May jobless rate unchanged at 2.6%, job availability down

Reuters

Published On Jun 28, 2024 at 12:47 PM IST

TOKYO, - Japan's jobless rate in May was unchanged at 2.6% from the previous month, government data showed on Friday.

The seasonally adjusted unemployment rate compared with economists' median forecast for 2.6%.

The jobs-to-applicants ratio fell to 1.24 in May from 1.26 in April, separate labour ministry data showed. The median forecast was for 1.26, which means that 126 jobs were available for 100 job-seekers. (Reporting by Kentaro Sugiyama and Tetsushi Kajimoto; Writing by Satoshi Sugiyama; Editing by Christopher Cushing)