Japanese unemployment falls in May

Source: RTT News
Unemployment level in Japan surprisingly declined in May of this year and reached the 3.5% level, despite concerns the increase of the sales tax will cut economic activity and negatively influence the labor market. Economists, in turn, expected the jobless rate to stay unchanged from April's level on 3.6%. During the year, the total number of unemployed people in the country dropped 13.3%.

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