Japan’s unemployment rate dropped to 4.3 percent in June from the previous month’s 4.4 percent, adding to signs of economic recovery after last year’s earthquake and tsunami, the government said on Tuesday.
The improvement in the job market for the second straight month came against market forecasts that the rate would remain flat. The result could lead to brighter economic prospects, but at the same time there are still risks. Production growth is slowing down and exports remain subdued amid the gloomy global outlook.
(Source: The Japan Times Online)