Thursday, October 1, 2009

Japan’s Jobless Rate Unexpectedly Falls From Postwar Record

By Aki Ito

Oct. 2 (Bloomberg) -- Japan’s unemployment rate unexpectedly retreated in August from a postwar record.

The jobless rate fell to 5.5 percent from a record 5.7 percent in July, the statistics bureau said today in Tokyo. The median forecast of economists surveyed by Bloomberg was for an increase to 5.8 percent.

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