Wednesday, May 31, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News Top Stories

Japan jobless rate up, available jobs in worst plunge since 1974

AFPbyAFP
June 30, 2020, 11:30 am
in Top Stories
Reading Time: 1 min read
A A
Share on FacebookShare on TwitterShare on Email

Japan's unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world's number-three economy.

The 0.3-percentage-point rise from April suggests Japan's first recession since 2015 is beginning to have an impact on the labour market.

Another closely watched indicator showed there were 120 jobs available for every 100 jobseekers, compared to 132 jobs in April — the steepest drop since the 1974 oil shock.

Set against the millions of newly unemployed seen in major economies like the United States, Japan appears to have weathered the economic chaos of the pandemic.

However, economists say the situation is not as rosy as the low headline figure may suggest, with persistent labour shortages hampering companies and millions struggling on precarious temporary contracts.

Analysts also point out that the low rate may not account for millions of people who have simply left the labour market after giving up their search for a job.

The pandemic has not hit Japan particularly hard, with fewer than 1,000 deaths and around 19,000 cases recorded.

There have been no mandatory lockdowns, with the government instead requesting people stay at home — requests that were largely heeded.

But that, coupled with a shuttering of the country's borders, crippled tourism and consumer spending.

In a bid to pep up the economy, the government and central bank have offered trillions of yen (billions of dollars) in stimulus packages and cheap loans, while maintaining an ultra-loose monetary policy.

Tags: coronavirus pandemicJapanjobseekersunemployment rate
ADVERTISEMENT
AFP

AFP

Related Posts

Senate set to pass MIF bill

byMacon Ramos-Aranetaand1 others
May 31, 2023, 1:05 am
0
8
Senate ratifies law raising age for determining statutory rape

Solons ban GSIS, SSS, 3 gov’t firms from investing in wealth fund Senators were poised to pass the chamber’s version...

Read more

Kuwait remains open on visa row, but PH must fix OFW ‘violations’

byRey E. Requejo
May 31, 2023, 1:00 am
0
8
Senate set to pass MIF bill

OFW PROTECTION. In this screen grab from TV Patrol, Department of Migrant Workers Secretary Susan Ople (center, in red) joins...

Read more

Saudi opens up 1m jobs for Pinoys, special hiring starts next month

byJimbo Gulle
May 31, 2023, 12:55 am
0
8
Brisk business

Saudi Arabia will be offering at least one million jobs to Filipino workers as it competes with its Middle Eastern...

Read more

NTF-ELCAC eyes Red-backed poll bets for charges

byManila Standard
May 31, 2023, 12:50 am
0
8
Southwoods nails Seniors’ Fil golf crown

Charges will be filed against candidates running in the October 2023 Barangay and Sangguniang Kabataan Elections (BSKE) who will be...

Read more

NDRRMC: Worst seems over for ‘Betty’ in PH

byRio N. Arajaand2 others
May 31, 2023, 12:45 am
0
8

THE worst seems to be over as Typhoon “Betty” moves away from the Philippine Area of Responsibility, a disaster official...

Read more

DOF: IMF study to help gov’t boost, max VAT base, collect up to P539b

byJulito G. Radaand1 others
May 31, 2023, 12:40 am
0
8
DOF secures P40 billion financing for booster jabs

The Marcos administration is working with the International Monetary Fund (IMF) on a study aimed at addressing the low value-added...

Read more

Print Edition

View More

Recent Posts

  • High hopes for Malixi in 1st LPGA drive
  • A Holistic Approach: Samsung Electro-Mechanics Philippines’ Calamba Complex Drives Employee Well-being and Productivity
  • Valley Golf South back in PGT loop
  • Title-hungry Nuggets face odds-defying Heat in Finals
  • North Korea spy satellite crashes into sea
  • High winds halt Spanish rocket launch
  • North Korea spy satellite crashes into sea, Seoul salvages wreckage
  • Cult favorite Neutrogena now comes in refill pods

Advertisement

Latest News

High winds halt Spanish rocket launch

byAFP
May 31, 2023, 5:00 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Paris, France - The maiden flight of the Spanish-built Miura 1 rocket was cancelled Wednesday due to high winds, startup PLD...

Read more

North Korea spy satellite crashes into sea, Seoul salvages wreckage

byAFP
May 31, 2023, 4:48 pm
0
8
Taliban govt resumes issuing Afghan passports in Kabul

Seoul, South Korea - North Korea attempted to launch a spy satellite Wednesday but it crashed into the sea after a...

Read more

Cult favorite Neutrogena now comes in refill pods

byManila Standard
May 31, 2023, 4:43 pm
0
8
Cult favorite Neutrogena now comes in refill pods

Calling all skincare lovers: Trusted dermatologist-recommended skincare brand, Neutrogena, has announced the launch of refill pods for the best-selling, cult...

Read more

A moment on the lips: Restylane launches new treatment 

byManila Standard
May 31, 2023, 4:27 pm
0
8
A moment on the lips: Restylane launches new treatment 

Presenting Restylane Kysse are (from left) Galderma’s General Manager Louie Roxas, facial plastic and cosmetic surgeon Dr. Henry John F....

Read more

Kurimi Milk Tea Bar launches its Yogurt Series

byManila Standard Digital
May 31, 2023, 4:12 pm
0
8
Kurimi Milk Tea Bar launches its Yogurt Series

The Kurimi Milk Tea Bar, the brand behind the Japanese-inspired milk tea and fruit tea, has launched its premium and...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App