Japan’s unemployment is at its lowest in almost three decades. There are more than two jobs for every applicant in Tokyo. Pay in Japan is estimated to have risen just 0.9 percent in February from a year earlier. That’s well short of the 3 percent economists say is needed to drive spending and prices toward the Bank of Japan’s 2 percent inflation goal.

Source: https://www.bloomberg.com/news/articles/2019-03-29/japanese-job-seekers-are-experiencing-the-best-market-in-decades

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