Economic Buzz: Japan Unemployment Rate Stable At 2.6% In October

29 Nov 2022 , 10:39 AM

The unemployment rate in Japan came in at a seasonally adjusted 2.6 percent in October, the Ministry of Internal Affairs and Communications reported. The job-to-applicant ratio was 1.35, in line with forecasts and up from 1.34 in the previous month. The participation rate ticked down to 62.8 percent, shy of expectations for 63.0 percent – which would have been unchanged from the September reading.Powered by Commodity Insights