Unemployment Rate Declines
In a surprising turn of events, Japan's unemployment rate has decreased to 2.4% in December, based on seasonally adjusted figures released by Japan's Statistics Bureau. This figure not only surpassed expectations but also marked a decrease from the previous month's rate of 2.5%.
Job Market Remains Robust
The job-to-applicant ratio held steady at 1.25, indicating a strong demand for labor with 125 job openings available for every 100 job seekers. This consistency in the job market underscores the resilience of Japan's economy amidst global uncertainties.
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