— See Separate Table For Details of Individual Forecasts
TOKYO (MNI) – Japan’s seasonally adjusted unemployment rate is seen
unchanged at 4.7% in August while the ratio of job offers to seekers is
estimated to be 0.65 in August, up from 0.64 in July, according to the
median forecasts of analysts surveyed by Market News International.
The Ministry of Internal Affairs and Communications will release
the unemployment rate while the Ministry of Health, Labor and Welfare
will release the ratio of job offers to job seekers, both at 0830 JST on
Friday, Sept. 30 (2330 GMT Thursday).
The ratio of job offers to seekers, which is seen as a coincident
indicator of the economy, is expected to show the highest level in more
than two years since 0.70 in December 2008.
Haruka Kazama, economist at Mizuho Research Institute, said an
increase in job offers will be wide-spread in coming months, led by the
recovery in automobile production.
skodama@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4838 **
[TOPICS: M$J$$$,M$A$$$,MAJDS$]
