© Reuters. FILE PHOTO: People sit on a bench at a convention centre in a financial district in Tokyo, Japan, January 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO (Reuters) – Japan’s jobless rate rose to 2.7% in July from the previous month, government data showed on Tuesday.
The seasonally adjusted unemployment rate was higher than economists’ median forecast of 2.5% in a Reuters poll and June’s 2.5%.
The jobs-to-applicants ratio fell to 1.29 from 1.30 in July to mark the third month of decrease, against economists’ median forecast for staying flat, separate labour ministry data showed.
For a table on the jobless data, go to the internal affairs ministry’s website:
(Note: The jobs-to-applicants ratio and new job offers can be seen in Japanese on the labour ministry’s website)
This story originally appeared on Investing
