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December 27, 2017JAPAN LABOUR FORCE SURVEY, NOVEMBER 2017
Japan's seasonally adjusted unemployment rate declined to 2.7 per cent in November, the lowest level reported since 1993. Japan's unemployment rate has been below 3 per cent for the past 6 months and for 9 of the 11 months of 2017.
In November, both Japan's labour force and employment increased by 0.2 per cent - reversing declines observed in September and October. After falling for many years, Japan's labour force and employment began to grow again starting in 2012 and have generally been trending up since then.
Canada and Nova Scotia typically report higher rates of unemployment than Japan, but all exhibit a strong long run relationship between the size of the labour force and employment, with unemployment fluctuating more in short run data.
Statistics Bureau of Japan
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