(RTTNews) - The Japanese unemployment rate eased to a seasonally adjusted 5.3 percent in September, the Ministry of Internal Affairs and Communications said on Friday, down from 5.5 percent in August and better than forecasts for a 5.6 percent gain.

The number of unemployed persons was 3.63 million, an increase of 920 thousand or 33.9 percent from the previous year. The number of employed persons was 62.95 million, down 980 thousand or 1.5 percent from the previous year.

The participation rate was 60.2 percent, while the job-to-applicant ratio was up to 0.43 from the record low 0.42.

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Posted in Categories: Economy, Japan, Releases.

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