Japan's jobs market worsens in August as coronavirus damage persists

TOKYO - Japan’s unemployment rate rose in August to its highest in over three years and job availability fell to a more than six-year low, government data showed on Friday, indicating damage caused by the COVID-19 pandemic persisted through the month.

They also dull any optimism brought by recent data such as factory output and business sentiment which offered signs of economic recovery. Japan’s seasonally adjusted jobless rate rose to 3.0% in August, the highest since May 2017, labour ministry data showed. The result met analysts’ median forecast of 3.0%.

Thats 2 months ago

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Buyers still flocking to the market, with pending home sales hitting record in AugustHomebuying is still going strong heading into the fall, with people rushing to lock in record low mortgage rates and sign contracts to purchase homes in August But tomorrow is October. Look at Trumps tanked economy. Thank you Mr. President!
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Japan business sentiment perks up as hit from pandemic begins to easeJapanese business sentiment improved in July-September from a 11-year low hit three months ago, a key central bank survey showed, in a sign the economy is gradually emerging from the devastating hit from the coronavirus pandemic.
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