Unemployment rate drops to 3.8%
Yomiuri -- Aug 31
The seasonally adjusted unemployment rate fell for the second straight month to 3.8 percent in July, down 0.1 percentage point from the previous month, the Internal Affairs and Communications Ministry said Friday.

The figure beat a median forecast of 3.9 percent by 24 economic institutes surveyed by Jiji Press.

The Health, Labor and Welfare Ministry said the ratio of effective job openings to job seekers stood at 0.94 in July after seasonal adjustment, up 0.2 point from the previous month. The gauge improved for the fifth consecutive month.

Source: Yomiuri
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