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Japan’s Unemployment Rises to 2.6% in August Amid Weaker Job Market

The job openings-to-applicants ratio fell to 1.20, signaling reduced demand for labor compared with the previous month.

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Terms & Concepts
  • Job Openings-to-Applicants Ratio: A labor market indicator showing the number of job vacancies relative to the number of job seekers.
  • Unemployment Rate: The percentage of the labor force that is jobless and actively seeking employment.