Surprise #2 - Japan Unemployment Rate Hits New Low

27th November - Surprise Value 7.8 / 10

What Happened:  

Why It Matters:  

What Happens Next?




  • Japan Oct Unemployment Rate Surprises Down 0.3pps to 3.1% sa
    • Lowest in Recent Economic History
    • Number Unemployed Down 220k, Number Employed Down 30k
    • Number Counted Not in Workforce Rises 260k, Overall Labour Force Falls 230k
    • Male Labour Force Falls 90k, Female Labour Force Falls 170k
    • Labour Participation Rate Falls 0.3pps to 59.9%


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