According to government data released on Tuesday, Japan’s jobless rate increased for the first time in five months in January, rising from 2.6% to 2.7%. According to the Ministry of Internal Affairs and Communications, the number of people without jobs increased 3.2% to 1.91 million, marking a second consecutive month of growth, while the number of people with jobs decreased 0.4% to a seasonally adjusted 68.17 million, the first decline in five months.
For the first time in three months, the job availability ratio decreased by 0.02 points, from 1.20 in December to 1.18, or 118 jobs for every 100 job seekers.According to a ministry official, “more employees may be leaving their jobs after receiving winter bonuses and looking for positions with higher salaries.”
According to independent statistics, the job availability ratio decreased by 0.02 points from December to 1.18, which indicates that there were 118 positions available for every 100 job seekers. This was the first decrease in three months.
According to the Ministry of Health, Labor, and Welfare, new job openings in the lodging and restaurant services business fell 13.8 percent, while the wholesale and retail sector saw 11.6 percent fewer new job offers in January than the same month last year.
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