Japan’s September Unemployment Rate Holds Steady at 2.6%
Labor market indicators remained unchanged, with the jobs-to-applicants ratio staying at 1.2 from the prior month.
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Terms & Concepts
Jobs-to-Applicants Ratio: An economic indicator showing the number of job openings for each job seeker; a ratio above 1 indicates more openings than applicants.
Unemployment Rate: The percentage of the labor force that is jobless and actively seeking work.