The unemployment rate in Japan came in at a seasonally adjusted 4.5 percent in February, the Ministry of Internal Affairs and Communications said on Friday - beating forecasts for 4.6 percent, which would have been unchanged from the January reading.
The job-to-applicant ratio was 0.75, beating expectations for 0.74 after showing 0.73 in the previous month.
The number of employed persons in February was 62.26 million, a decrease of 400 thousand or 0.6 percent on year. The number of unemployed persons in February was 2.89 million, a decrease of 140 thousand or 4.6 percent on year.
The participation rate was 58.7 percent, down from 59.0 percent a year earlier.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.