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Economy
In reply to the discussion: Weekend Economists Salute Our Favorite Bunnies March 29-31, 2013 [View all]xchrom
(108,903 posts)32. Jobless rate inches up to 4.3%{japan}
http://www.japantimes.co.jp/news/2013/03/30/business/jobless-rate-inches-up-to-4-3/#.UVb1Ru1qP8s
The unemployment rate rose to 4.3 percent in February from 4.2 percent the previous month, the government announced Friday, indicating some companies remain reluctant to hire while they await signs of economic recovery.
An official in the Internal Affairs and Communications Ministry, however, took an upbeat view of the job market.
More women are seeking employment amid growing hopes for economic recovery, pushing the jobless rate higher, but it will turn downward once companies start hiring more workers on the back of an expected economic recovery, according to the official.
The ranks of the unemployed fell by 120,000 to 2.77 million, the ministry said in a preliminary report, while the number of people with jobs increased by 160,000 to 62.42 million.
The unemployment rate rose to 4.3 percent in February from 4.2 percent the previous month, the government announced Friday, indicating some companies remain reluctant to hire while they await signs of economic recovery.
An official in the Internal Affairs and Communications Ministry, however, took an upbeat view of the job market.
More women are seeking employment amid growing hopes for economic recovery, pushing the jobless rate higher, but it will turn downward once companies start hiring more workers on the back of an expected economic recovery, according to the official.
The ranks of the unemployed fell by 120,000 to 2.77 million, the ministry said in a preliminary report, while the number of people with jobs increased by 160,000 to 62.42 million.
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