Japan Jobless Rate Steady at 3.2% in April

The seasonally adjusted jobless rate in Japan was recorded at 3.2 percent in April of 2016, unchanged from the previous month and in line with market expectations. The jobs-to-applicants ratio stood at 1.34 in April, compared to 1.30 percent in March.

A year earlier, the unemployment rate came in at 3.3 percent.

In April 2016, the number of unemployed persons were 2.24 million, a decrease of 100 thousand (-4.3 percent) from a year earlier. The number of employed persons were 63.96 million, an increase of 540 thousand (+0.9 percent) from the previous year.

The labour force  rate grew 0.7 percent from a year earlier to 66.21 million and population aged 15 and over was flat at 110.74 million.

The labour force participation rate increased by 0.4 percentage points to 59.8 percent from 59.4 percent in April 2015.

Japan Jobless Rate Steady at 3.2% in April

Statistics Bureau of Japanl Rida Husna | rida@tradingeconomics.com
5/31/2016 1:28:59 AM