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Japan's Aug jobless rate at 3.1%, jobs availability at 1.37

Friday, September 30, 2016 - 08:19
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Job-seekers rest on a bench at a job fair in Tokyo on Nov 15, 2008. Japan's jobless rate inched up in August and the availability of jobs was unchanged, data from the Ministry of Internal Affairs and Communications showed on Friday.

[TOKYO] Japan's jobless rate inched up in August and the availability of jobs was unchanged, data from the Ministry of Internal Affairs and Communications showed on Friday.

The seasonally adjusted unemployment rate rose to 3.1 per cent from 3.0 per cent in July, which was the lowest level since 1995. It matched the median forecast of economists.

The jobs-to-applicants ratio stood at 1.37 in August, unchanged from the prior two months, which was the highest level since 1991, separate data by the labour ministry showed. It also matched the median estimate of economists.

REUTERS

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