Unemployment Rate
Actual
2.4%
Previous
2.4%
Forecast
2.5%
The Unemployment Rate, which comes from the Ministry of Health, Labor and Welfare, is a measure of the percentage of unemployed people in Japan. A high percentage indicates weakness in the labor market which influences the strength and direction of the Japanese economy. Generally, a high reading is seen as bullish for the Japanese Yen (JPY), while a low reading is viewed as bearish.