Economic Buzz: Japan jobless rate falls to 5-year low at 2.3%

Japan?s unemployment rate eased to 2.3% in July 2025, its lowest since December 2019. The number of unemployed dropped by 80,000 to 1.64 million, the lowest in over five years. However, overall employment slipped to 68.31 million and the labor force shrank by 110,000, while those outside the workforce rose by 150,000, signaling underlying demographic and structural challenges.

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