Japan September unemployment rate 2.3% versus 2.4% expected

Jobs/Applicants ratio 1.64 vs 1.63 expected

The September unemployment rate in Japan came in better-than-expected at 2.3% versus 2.4% expected (prior month 2.4%). The low for the year reached 2.2% in May. That was the lowest unemployment rate since October 1992.

The job to applicant ratio also was better at 1.64 versus 1.63 expectations (prior month 1.63). One of the highest numbers since 1974.

The USDJPY is little changed. It remains between the 100 and 200 hour MAs at 112.245 and 112.366.