Japan's jobless rate rises to 2.5 pct in March

0 Comment(s)Print E-mail Xinhua, April 26, 2019
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TOKYO, April 26 (Xinhua) -- Japan's unemployment rate rose in March from a month earlier, the Ministry of Internal Affairs and Communications said in a report on Friday.

According to the ministry, the unemployment rate stood at 2.5 percent in the recording month, up from 2.3 percent a month earlier.

Separately, the Ministry of Health, Labor and Welfare said the job availability ratio stood at 1.63, unchanged from a month earlier.

The ratio equates to being 163 available jobs for every 100 people seeking work.

The figures highlight the ongoing labor crunch Japan is experiencing as the workforce is rapidly being hollowed out by Japan's increasingly aging and shrinking population. Enditem

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