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© Thomson Reuters 2020.Japan's jobless rate rises to 2.9% in July
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© Thomson Reuters 2020.
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Goodlucktoyou
Fake news. Doesn’t include temporary workers or those who are cut off from Hello Work after 3 months.
Do the hustle
2.9% is a sham!
rainyday
Its true that the method of measuring unemployment in Japan understates things by leaving out those variables.
But the data is still useful for comparison about the impact of Covid on employment. Those faults existed pre-Covid as well, so its measuring the same thing across time. Also, the method of measuring unemployment in other countries like the US also understates the true picture.
I think relatively speaking the employment situation in Japan is nowhere near as bad right now as it is in the US or a lot of other countries, even though it is bad.
William77
The jobless rate now is 2.9%?
And who's leading Ministry of Internal Affairs and Communications? Pinocchio?
Wakarimasen
Whatever the actual number it is way lower than many other G10 countries. Just have to look at the number of people needed to guard a hole in the ground or organize anything here to see why that is.
AgentX
The actual rate is far higher.
Ego Sum Lux Mundi
At least double that, and that's being generous.
Cricky
If it's not on paper then it can't be true! There are many people queuing for food and living under bridges just outside this ministry office tower, but they are not on paper so don't count as people. It's pretty simple really.
kokontozai
I think that many persons feel boring to same comments and explanation for unemployment rates of japan after release of monthly job reports. We do not need to worry so much because Japan has various social aid systems for unemployed people and originally has been in short of workers, which had brought many foreign workers.
Cricky[
Do you live in Japan ? I think that the number of people living under bridges is less than 100 out of more than 120 million population.
Cricky
Do I live in Japan? No I am in an ethereal time dimension and should you bother to go out of your way to those cardboard living areas, or internet you might see for yourself there are way more that 100 people, more than 1,000, probably multiple more. You should run for office. And that doesn't include people going without food to pay rent. Check the child poverty rates, it's a mirror on family poverty. In my area alone might not be 100 but extrapolated over the whole of Tokyo it would be naive to say less than 100.
Peter Neil
The riversides in Tokyo are lined with blue tarp mansions.
Xeno Man
It is much worse in reality than in statistics.
Japanese government is notorious for manipulating the labor statistics, and most foreign investors do not trust them.
https://www.ft.com/content/e3a28958-1a24-11e9-9e64-d150b3105d21
https://www.reuters.com/article/us-japan-economy-wages-error/japan-wage-data-credibility-in-doubt-over-erroneous-sampling-idUSKCN1P30M7