Japan's unemployment rate falls in January

Image
IANS Tokyo
Last Updated : Mar 01 2016 | 8:42 AM IST

Japan's unemployment rate fell one-tenth in January, and now stands at 3.2 percent, official data released on Tuesday showed.

The number of unemployed people in January were 2.11 million, representing a drop of 200,000 individuals or 8.7 percent compared to the same month last year, according to figures released by the interior and communications ministry.

The number of employed people increased by 900,000 or 1.4 percent, compared with January last year and reached 63.99 million.

A total of 128 positions were available for every 100 job seekers.

The data showed a lower unemployment rate than economists expected and re-confirms the continuation of a tight labour market.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 01 2016 | 8:30 AM IST

Next Story