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Japan's unemployment rate drops 2.5 percent

[01/10/2024 12:01]

TOKYO-SABA
Japan's unemployment rate fell 2.5 percent in August, compared to 2.7 percent in July, as more job seekers were able to find new opportunities.

Japan's Ministry of Internal Affairs and Communications said in a statement that the total number of employed people increased by 0.4 percent to 67.91 million, the highest level since 1953, and the number of unemployed fell by 8.0 percent to 1.72 million.

The Ministry underlined the availability of jobs, noting that the availability rate recorded a slight decrease of 0.01 points to 1.23, which means that there are 123 jobs available for every 100 job seekers.