Skip to comments.Japan jobless rate falls to 4.0 percent in September
Posted on 10/28/2013 6:31:11 PM PDT by TexGrill
(Reuters) - Japan's jobless rate fell slightly in September and the availability of jobs held steady at the highest level in more than five years, government data showed, pointing to steady progress in the battle to end 15 years of deflation.
The seasonally adjusted unemployment rate fell to 4.0 percent from August's 4.1 percent, figures from the Internal Affairs Ministry showed on Tuesday, matching economists' median forecast of 4.0 percent.
The jobs-to-applicants ratio was 0.95 in September, unchanged from the previous month, when it rose to its highest since May 2008. That compared with the median forecast of 0.96.
The number of new job offers rose 2.7 percent in September from the previous month and rose 9.2 percent from a year ago.
(Excerpt) Read more at uk.reuters.com ...
This is because Japan hasn’t imported half of the third world over the past 40 years.
I don’t get it - with unemployment at 4% why is Abe on a money printing spree?
And what’s all this continuing talk about Japan’s lost decades. Sounds like they found them.