Economics
Japan’s Jobless Rate Edges Up to a Three-Year High
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Japan’s unemployment rate ticked up to a three-year high in August as more people started to re-enter the labor market in search of work amid increasing economic activity.
The jobless rate rose to 3% from 2.9% in July, the internal affairs ministry reported Friday, the highest since May 2017. The overall result matched the median forecast from analysts. Despite a second monthly uptick in the unemployment rate, Japan has suffered far fewer job losses than other major economies during the crisis.