Japan July jobless rate rises to 2.7%, job availability edges up

August 29, 2024 7:47 PM EDT

FILE PHOTO: People sit on a bench at a convention centre in a financial district in Tokyo, Japan, January 26, 2017. Picture taken on January 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - Japan's jobless rate in July rose to 2.7% from 2.5% in June, government data showed on Friday.

The seasonally adjusted unemployment rate compared with economists' median forecast of 2.5%.

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

(Reporting by Satoshi Sugiyama and Takaya Yamaguchi; Editing by Chang-Ran Kim; Editing by Himani Sarkar)



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