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Japan’s unemployment rate rose to 2.8% in November According to Reuters



© Reuters. FILE PHOTO: Silhouettes of pedestrians fall on a street in Tokyo, Japan, November 27, 2014. REUTERS / Issei Kato

TOKYO (Reuters) – Japan’s unemployment rate rose to 2.8% in November, while job availability matched the previous month’s, government data showed on Tuesday.

The unemployment rate was seasonally adjusted from 2.7% in October and the median forecast of 2.7% in a Reuters poll of economists.

Labor Department data showed an employment-to-applicants ratio of 1.15 in November, unchanged from the previous month and lower than a Reuters poll forecast of 1.16.

(Note: Employment to applicants ratio and new job offers can be found in Japanese on the labor ministry’s website)

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