Japan Dec. job availability rises to 1.15, best in 22 yrs
Kyodo -- Jan 30
Japan's job availability rose in December to its best level in 22 years while the unemployment rate improved to 3.4 percent, suggesting that companies are willing to hire more workers as corporate profits recover, the government said Friday.
The ratio of employment offers to seekers climbed from 1.12 in November for the third straight month to 1.15, the highest level since March 1992, the Ministry of Health, Labor and Welfare said. That means 115 positions were available for every 100 job seekers.
The country's unemployment rate fell 0.1 point from 3.5 percent the previous month to the lowest level since August 1997, the Ministry of Internal Affairs and Communications said in a preliminary report.
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