July 31, 2018 / 12:54 AM / 4 months ago

Japan jobless rate rises to 2.4 percent in June

FILE PHOTO: Job seekers listen to presentations at company booths during a job fair held for fresh graduates in Tokyo December 7, 2013. REUTERS/Yuya Shino/File Photo

TOKYO (Reuters) - Japan’s jobless rate rose in June while the availability of jobs improved to the highest in more than four decades, figures from the Internal Affairs ministry showed on Tuesday.

The seasonally adjusted unemployment rate rose to 2.4 percent from 2.2 percent in June, and compared with economists’ median forecast of 2.3 percent.

The jobs-to-applicants ratio rose to 1.62 from 1.60 in June to reach the highest since January 1974. The median forecast was for 1.60.

A full table can be seen on the website of the Ministry of Internal Affairs and Communications at:

here

(Note: The jobs-to-applicants ratio and new job offers can be seen in Japanese on the labor ministry’s website.)

Reporting by Sumio Ito; Editing by Chang-Ran Kim

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