Jobless rate in Japan declined to 4.9% in january compared with a previous 5.1%, and it was anticipated to rise to 5.1%. Today's reading is indicating easing deteriorations in the labor market, especially with improvements witnessed in the exports sector that helped the business sector to hire more workers.

However, Job-To-Applicant Ratio steady in Japan at 0.46% in January given no change from the pervious reading of December, while it was anticipated to rise to 0.47%. Today's reading is indicating less than earlier expectations.