RTTNews - The unemployment rate in Japan was 5.2 percent in May, the Ministry of Health, Labor and Welfare said on Tuesday, marking its highest level since September 2003. Analysts had expected an increase of 5.1 percent following the 5.0 percent gain in April.
The job-to-applicant ratio came in at a record low of 0.44, compared to forecasts for 0.45 after the 0.46 level in April.
But the number of employed persons rose from 63.22 million in April to 63.42 million in May. The job participation rate was 60.5 percent, up from 60.4 percent a month earlier.
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