World

Japan's jobless rate falls to 2.2 pct in May

Published June 29, 2018 Updated June 29, 2018 07:19am

According to the ministry, the unemployment rate in the recording month stood at 2.2 percent in May, compared to 2.5 percent a month earlier.

Separately, the Ministry of Health, Labor and Welfare said that job availability stood at 1.60 in May, rising from 1.59 in April. The figure translates to there being 160 job openings for every 100 workers.

As an indicator of Japan's tightening labor market, the job availability in the recording period marked the highest level in more than 44 years.

Copyright APP (Associated Press of Pakistan), 2018