Japanese unemployment declines more than expected

Source: RTT News
© Scanpix/Reuters
Unemployment level in Japan unexpectedly dropped much more than predicted in December of the previous year, pointing on the recovery of the labor market. The indicator was down to 3.7% in December from 4% in November. Analysts, in turn, waited for a slight decrease to 3.9%. The total number of people without a work dropped 13.1% on the annual basis, reaching 2.25 million.
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