Japan’s jobless rate rises to 4.7% in April

Japan’s unemployment rate rose to 4.7 percent in April, up 0.1 percentage points from a month earlier, with figures from the disaster-hit northeast excluded, the government said Tuesday.

The number of jobless people stood at 3.09 million, down 300,000 from a year earlier, in the 11th straight month of year-on-year decline, the official data showed.

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Japan’s jobless rate falls below 5 percent

Japan’s jobless rate fell below 5 percent in January for the first time in nearly a year and job availability rose, in a sign steady improvements in exports and output are spreading to other sectors of the economy.

But analysts expect the recovery in job conditions to remain slow in the coming months as companies are still far from operating at full capacity in the face of feeble domestic demand.

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