Thursday , 21 November 2024
Home Forex Japan data – June unemployment rate 2.5% (expected 2.6%)
Forex

Japan data – June unemployment rate 2.5% (expected 2.6%)

Japan data for June 2024

Unemployment rate 2.5%

  • expected 2.6%, prior 2.6%

Job-To-Applicant Ratio 1.23

  • vs. expected 1.24, prior 1.24

Plenty of jobs. Need higher wages though.

That’s what the BoJ want to see, higher wages to fuel higher spending and to keep inflation stably and sustainably around 2%.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Eurostoxx futures +0.4% in early European trading

German DAX futures +0.5%UK FTSE futures +0.4%This comes after the Dow posted...

Fed’s Williams: The disinflationary process will continue

Labour market is now in balance, not providing upward pressure on inflationWants...

BOJ governor Ueda: We don’t make comments on short-term FX moves

There is still a month to go until the next policy meeting,...

ECB’s Villeroy: The balance of risks on growth, inflation is shifting to the downside

Victory against inflation is in sight in EuropeInflation could be sustainably at...