Japanese unemployment surprisingly surged in August

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
Unemployment level in the third biggest economy of the world unexpectedly soared to 4.1% or 2.71 million people in August of this year, while economists did not predict any changes from the July level of 3.8%. Meanwhile, job-to-applicant ratio increased to 0.95 and matched forecasts. Moreover, employment in Japan is rising, as it reached 63.1 million persons, 0.5% more than a year earlier.

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