Japan Aug jobless rate falls to 2.5%, job availability tightens

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September 30, 2024 7:38 PM EDT

FILE PHOTO: Pedestrians make their way at a business district in Tokyo, Japan, December 7, 2020. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - Japan's jobless rate in August fell to 2.5% from 2.7% in July, government data showed on Tuesday.

The seasonally adjusted unemployment rate compared with economists' median forecast of 2.6%.

The jobs-to-applicants ratio in August declined to 1.23 from 1.24 July, separate labour ministry data showed. The median forecast was for 1.24.

(This story has been corrected to fix the month to August, not July, in the headline)

(Reporting by Kentaro Sugiyama; Writing by Satoshi Sugiyama; Editing by Chang-Ran Kim)


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