Breaking Down Japan's Economic Data

Breaking Down Japan's Economic Data

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses Japan's economic indicators, highlighting improvements in employment rates and retail sales, despite challenges in industrial production. The unemployment rate dropped to 3.5%, and job offers increased, indicating a tighter job market. Retail sales rose by 1.2% year-on-year, showing recovery after a sales tax hike. However, industrial production fell by 1.5% in August, more than expected, due to companies producing outside Japan. Overall, the Japanese economy is experiencing a sluggish rebound, with positive signs in consumer spending and job quality.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate in Japan last month?

2.9%

3.5%

3.8%

4.0%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many job offers were available for every 100 job seekers?

120

90

100

110

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the year-on-year increase in retail sales?

2.0%

0.8%

1.2%

1.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did household spending fall in August compared to the previous year?

5.0%

6.2%

4.7%

3.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected change in industrial production in August?

Remained the same

Decreased by 1.5%

Increased by 1.5%

Increased by 0.4%