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197996
Fri, 07/29/2011 - 07:36
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http://m.oananews.org//node/197996
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Japan's Jobs Data Show Signs of Improvement
Tokyo, July 29 (Jiji Press)--Japanese government data released Friday showed signs of improvement in the nation's jobs market in June, particularly in areas hit hard by the March 11 earthquake and tsunami.
The seasonally adjusted ratio of effective job openings to job seekers in June rose 0.02 point from the previous month to 0.63, the first rise in three months, the Health, Labor and Welfare Ministry said.
The disaster-devastated Tohoku region of northeastern Japan saw its ratio gain 0.04 point, showing the steepest rise among all regions thanks to many job offers to disaster victims mainly from the construction industry, officials said.
Meanwhile, the jobless rate excluding the three hardest-hit Tohoku prefectures of Iwate, Miyagi and Fukushima rose 0.1 percentage point to 4.6 pct in June, according to a report released by the Internal Affairs and Communications Ministry on the same day.
As for the three prefecture, the labor ministry's survey showed that Miyagi saw its effective job offer-to-seeker ratio rise by 0.07 point to 0.53, Fukushima by 0.07 point to 0.57, and Iwate by 0.02 point to 0.47.
In Aichi Prefecture, the home of Toyota Motor Corp. <7203>, the ratio went up 0.05 point to 0.83 as automobile production is increasing thanks to recovery of the industry's supply chains.
The nationwide ratio of new job offers to seekers, a leading indicator of the employment situation, rose 0.02 point to 1.00, reaching the threshold for the first time in five months.
The internal affairs ministry report said the seasonally adjusted number of jobless people excluding those in the three Tohoku prefectures increased 60,000 from the previous month to 2.89 million.
The month-on-month increase reflected moves to restart job hunting in response to signs of economic recovery after the downturn that followed the March 11 disaster, ministry officials said.
The unemployment rate often rises temporarily while the job market is on a recovery trend, the officials said, adding that the rise in the July rate does not necessarily mean the market situation is deteriorating.
The labor ministry separately said the number of workers covered by a subsidy program to help firms maintain employment decreased 7.0 pct from the previous month to 1,549,913 in June excluding those in the three hardest-hit prefectures.
A total of 64,138 offices and factories applied for the subsidies, showing an increase of 3.6 pct on last-minute applications ahead of the expiration of special measures to ease applications requirements in mid-June.
The seasonally adjusted ratio of effective job openings to job seekers in June rose 0.02 point from the previous month to 0.63, the first rise in three months, the Health, Labor and Welfare Ministry said.
The disaster-devastated Tohoku region of northeastern Japan saw its ratio gain 0.04 point, showing the steepest rise among all regions thanks to many job offers to disaster victims mainly from the construction industry, officials said.
Meanwhile, the jobless rate excluding the three hardest-hit Tohoku prefectures of Iwate, Miyagi and Fukushima rose 0.1 percentage point to 4.6 pct in June, according to a report released by the Internal Affairs and Communications Ministry on the same day.
As for the three prefecture, the labor ministry's survey showed that Miyagi saw its effective job offer-to-seeker ratio rise by 0.07 point to 0.53, Fukushima by 0.07 point to 0.57, and Iwate by 0.02 point to 0.47.
In Aichi Prefecture, the home of Toyota Motor Corp. <7203>, the ratio went up 0.05 point to 0.83 as automobile production is increasing thanks to recovery of the industry's supply chains.
The nationwide ratio of new job offers to seekers, a leading indicator of the employment situation, rose 0.02 point to 1.00, reaching the threshold for the first time in five months.
The internal affairs ministry report said the seasonally adjusted number of jobless people excluding those in the three Tohoku prefectures increased 60,000 from the previous month to 2.89 million.
The month-on-month increase reflected moves to restart job hunting in response to signs of economic recovery after the downturn that followed the March 11 disaster, ministry officials said.
The unemployment rate often rises temporarily while the job market is on a recovery trend, the officials said, adding that the rise in the July rate does not necessarily mean the market situation is deteriorating.
The labor ministry separately said the number of workers covered by a subsidy program to help firms maintain employment decreased 7.0 pct from the previous month to 1,549,913 in June excluding those in the three hardest-hit prefectures.
A total of 64,138 offices and factories applied for the subsidies, showing an increase of 3.6 pct on last-minute applications ahead of the expiration of special measures to ease applications requirements in mid-June.