Japan's Unemployment Rate Rises

According to the latest report from Japan's Statistics Bureau, the unemployment rate has increased to 2.5% in March on a seasonally adjusted basis. This figure, released on Friday, slightly exceeds expectations and marks an uptick from February's rate of 2.4%.

Job Market Shows Signs of Improvement

Despite the rise in unemployment, the job-to-applicant ratio improved to 1.26 in March, up from 1.24 in February. This indicates that for every 100 job seekers, there are now 126 job openings, suggesting a positive shift in the labor market.