Unemployment in Japan unexpectedly fell to 2.7% in February

The Japanese government has published data on unemployment statistics in the country. For many analysts, this came as a surprise. The indicator decreased by 0.1 percent, when last month it was at the level of 2.7%. Analysts had expected the unemployment rate to remain at its January level of 2.8%. At the time of the report, there were 1 million 800 thousand unemployed Japanese. In comparison with the previous year of the same time interval, the indicator decreased by 150 thousand people or 7.7%. The unemployed segments of the population make up 42 million 150 thousand people. In January 2021, this figure was lower by 14 thousand people or 0.3%. The calculation took into account the population over the age of 65 years. The Japanese economy is slowly recovering from the crisis associated with the pandemic. Export deliveries stabilize the level of GDP. The head of the Central Bank, Haruhiko Kuroda, said that the regulator has no plans to make changes to its monetary policy yet.


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Arseny Kudrin

Publicist, trader

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