TOKYO :Japan's jobless rate unexpectedly fell to 2.6 per cent in March, hitting the lowest rate since April 2020, although the number of furloughed workers remained high due to effects of the pandemic, official data showed on Tuesday.
The data showed some resilience in the labour market, however. The seasonally-adjusted unemployment rate was lower than the median forecast for 2.7 per cent in a Reuters poll of economists, which was also the reading in February. "The drop in unemployment rate indicates signs of recovery" in the labour market, a government official told a media briefing.
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