May 07, 2010

March Jobless Rate Rises To 5.0%

Japan's unemployment rate for March rose 0.1% to 5.0%, the Ministry of Internal Affairs reported last week. The record high was 5.6% in July 2009. Job losses remained largely in manufacturing, with the pace of decline in that sector slowing slightly compared to that of the previous month. On the other hand medical, health care and welfare, accommodations as well as eating and drinking service sectors continued to create jobs.

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