Japanese Students now Young Jobseekers hold Tokyo pep rally

With cheerleaders shouting encouragement, more than 1,000 young Japanese trying to break into the job market held a pep rally in Tokyo on Tuesday to underscore what officials say is the bleakest employment outlook Japan has faced in years.

About 1,500 college students crowded into a park to offer each other moral support and appeal for jobs at the rally, which organizers hoped would put the national spotlight on the difficulties job seekers are dealing with in Japan’s once-mighty economy.

"It’s a very tough situation, but I won’t give up," said 19-year-old student Misato Shinotsuka.

A record one-third of Japanese university students graduating this spring have not found jobs, according to a recent survey by the labor and education ministries.

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Japanese jobseekers hold Tokyo pep rally

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Jobless rate rises in Japan as spending falls

Japan’s unemployment rate rose for a third straight month in May, while household wages and spending fell, the government said Tuesday.

The country’s seasonally adjusted jobless rate climbed to 5.2 percent, up from 5.1 percent in April and the highest level since December.
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The number of jobless stood at 3.47 million, which is unchanged from the previous year, according to the Ministry of Internal Affairs and Communications. Those with jobs fell 0.7 percent to 62.95 million.

Read the rest of the story: Japan jobless rate rises, household spending falls