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Japan's July jobless rate rises to 2.7%

Published 08/28/2023, 07:38 PM
Updated 08/28/2023, 07:41 PM
© Reuters. FILE PHOTO: People sit on a bench at a convention centre in a financial district in Tokyo, Japan, January 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - Japan's jobless rate rose to 2.7% in July from the previous month, government data showed on Tuesday.

The seasonally adjusted unemployment rate was higher than economists' median forecast of 2.5% in a Reuters poll and June's 2.5%.

The jobs-to-applicants ratio fell to 1.29 from 1.30 in July to mark the third month of decrease, against economists' median forecast for staying flat, separate labour ministry data showed.

© Reuters. FILE PHOTO: People sit on a bench at a convention centre in a financial district in Tokyo, Japan, January 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo

For a table on the jobless data, go to the internal affairs ministry's website:

(Note: The jobs-to-applicants ratio and new job offers can be seen in Japanese on the labour ministry's website)

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