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Japan July jobless rate rises to 2.7%, job availability edges up

Japan July jobless rate rises to 2.7%, job availability edges up

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

TOKYO : Japan's jobless rate in July rose to 2.7 per cent from 2.5 per cent in June, government data showed on Friday.

The seasonally adjusted unemployment rate compared with economists' median forecast of 2.5 per cent.

The jobs-to-applicants ratio in July rose to 1.24 from 1.23 in June, separate labour ministry data showed. The median forecast was for 1.23.

Source: Reuters
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