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Japan Jobless Rate Flat In April

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Unemployment in Japan remained flat in April.

Japan's Ministry of Finance reported Friday that the national jobless rate was 4.1 percent, unchanged from March.

The data matched the expectations of most economists.

the labor force participation rate improved in April, rising to 59.6 percent compared to the March reading of 58.9 percent.

The job-to-applicant ratio also improved slightly, moving to 0.89 from the March reading of 0.86.

The Ministry also announced that Household Spending in Japan increased 1.5 percent in April, compared to the March rise of 5.2 percent.

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