Japan August Unemployment Rate Falls to 3.5%

The video discusses the job market in August, highlighting a drop in the jobless rate to 3.5%, lower than July's 3.8% and the median projection. The job to applicant ratio remains flat at 1.1%, indicating 110 job offers for every 100 job seekers. Household spending has decreased by 4.7% year-on-year, marking a fifth consecutive month of decline, though it improved from July's 5.9% drop. The yen is trading at 109.40 against the dollar, influenced by Japan's economic data, including industrial production and retail sales figures.

What was the jobless rate in August compared to July?

• 4.0% in August, 3.5% in July

• 3.8% in August, 3.5% in July

• 3.5% in August, 3.8% in July

• 3.5% in August, 4.0% in July

What does a job to applicant ratio of 1.1% indicate?

• 110 job seekers for every 100 job offers

• 100 job seekers for every 110 job offers

• 100 job offers for every 110 job seekers

• 110 job offers for every 100 job seekers

How did household spending change from July to August?

• It increased from a 5.9% drop to a 4.7% drop

• It decreased from a 4.7% drop to a 5.9% drop

• It increased from a 4.7% drop to a 3.5% drop

• It remained the same at a 5.9% drop

What is the current trading value of the yen against the dollar?

• 108.30

• 110.50

• 109.40

• 111.20

Which economic data releases are expected to influence the yen's trading value?

• Currency exchange rates and inflation

• Industrial production and retail sales

• Jobless rate and household spending

• Job to applicant ratio and median projection