Japan data – June unemployment rate 2.5% (expected 2.6%)

Japan data for June 2024

Unemployment rate 2.5%

• expected 2.6%, prior 2.6%

Job-To-Applicant Ratio 1.23

• vs. expected 1.24, prior 1.24

Plenty of jobs. Need higher wages though.

That’s what the BoJ want to see, higher wages to fuel higher spending and to keep inflation stably and sustainably around 2%.

This article was written by Eamonn Sheridan at www.forexlive.com.