Japanese unemployment

Doug Henwood dhenwood at panix.com
Fri Mar 1 08:37:16 PST 2002


[any comments from our Japan correspondents?]

At 8:37 AM -0500 3/1/02, The Dismal Scientist wrote:
>Employment Situation for Japan (5.3 % Unemployment)
>
>The Japanese labor data continue to look bad, with employment
>falling, and unemployment rising. The unemployment rate, however,
>fell by 0.2 percentage points to 5.3%, as workers dropped out of the
>labor force. The unemployment rate, while high by Japanese
>standards, nevertheless masks a much higher incidence of
>joblessness, which will continue to rise through the first half, at
>least.



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