Friday, October 30, 2009

Japan Jobless Rate Falls for Second Month to 5.3%

Japan’s jobless rate unexpectedly dropped for a second month in September, adding to signs that a recovery in the world’s second-largest economy is spreading to consumers.

The unemployment rate declined to 5.3 percent from 5.5 percent in August, the statistics bureau said today in Tokyo. The median estimate of 29 economists surveyed by Bloomberg was for the rate to increase to 5.6 percent.

A global recovery fueled by more than $2 trillion in stimulus measures is bolstering business at companies from Honda Motor Co. to Hitachi Construction Machinery Co. Consumers are also more confident that the worst is over — household sentiment rose to a 23-month high in September and retail sales fell at the slowest pace in 10 months.

Anyway, it’s too early to confirm a rebound of the economy. Many economists still forecast a record 6% unemployment rate for next year.

 

Mots clés Technorati : Japanese Economy,Employment,fvtaiwan

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