Japan's jobless rate rise to 4.6% in January

Japan's jobless rate rose to 4.6% in January, 0.1 percentage up from the previous month, the government said Friday.

The main reason of the increase from 4.5% in December is that some employed female are seeking higher-paid jobs for economic recovery. The seasonally adjusted figure marked the first deterioration in two months.

The jobless rate of male is 4.9% stayed at the same level of previous month while, that for women increased to 4.4% from 4.0%.

According to the government, the number of people employed came to 62.59-M, down 350,000 or 0.6-M from December.

Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels. www.livetradingnews.com