23 August 2001, 08:39 Japan July unemployment seen reaching 5.0 pct - report
TOKYO (AFX-ASIA) - Unemployment is likely to hit 5.0 pct, a new
historical high, in July, up from the 4.9 pct seen in May and June, the
Asahi Shimbun reported, without citing sources.
Tokyo, Aug. 23 (AFP) - Japan's jobless rate is likely to have hit yet
another record high in July, triggering speculation that the government
might have to decide on extra spending soon, a major daily said. The July
jobless rate, to be announced on Tuesday, is likely to reach 5.0%, the
highest level since 1953 when the government started compiling data under
the comparable format, the Asahi Shimbun said.
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