Japan labour demand increases, good sign for economic upturn

Note: This section contains information in English only.
Source: Reuters

The job availability in Japan reached its peak in 22 years last month following the growth in companies' confidence about hiring. The job-to-applicants ratio jumped to 1.10 in June from 1.09 in May. The unemployment rate unexpectedly grew to 3.7% in June from 3.5% in the previous month. The officials expect the economic recovery to continue in the third quarter without additional measures from the BoJ.  

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