Jobless Rate Rises To 5.1% In Nov.

The Ministry of Internal Affairs announced that Japan's unemployment rate rose by a seasonally adjusted 0.1% from October to 5.2% in November. The consensus by economists was around 5.2%. The number of unemployed rose 750,000 year on year to 3.31 million, up for the 13th straight month. Of the total unemployed, those who were asked to leave by their employer expanded by 490,000, while those who left voluntarily rose by 70,000. The number of people with jobs declined by 1.31 million down to 62.6 million, the 22nd straight month of contraction.