Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

Japan's jobless rate rises to 4.5% in Oct; household spending down 0.4%

Business Nov. 29, 2011 - 12:45PM JST ( 9 )

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9 Comments

2

MaboDofuIsSpicyNov. 29, 2011 - 11:10AM JST

285,605 yen

Is the bi-yearly bonus added into this figure?
0

GodanNov. 29, 2011 - 11:43AM JST

Meanwhile, Japanese household spending edged down 0.4% in October from a year earlier, falling for the eighth consecutive month.

Yeah, keep on taking more and more taxes out of our paychecks and this trend will surely continue. I would surely spend more money if I had it to spend!
-1

some14someNov. 29, 2011 - 12:02PM JST

"jobless rate rises to 4.5%, household spending down 0.4%...."Oh, really? i was just enjoying daily Christmas Photos on JT. shrug off negative data, TSE is also rising (for last two days) !
-1

smithinjapanNov. 29, 2011 - 12:25PM JST

Wait until they raise all the taxes!
0

pointofviewNov. 29, 2011 - 12:31PM JST

Spending includes what? Don't trust any of these stats.
0

globalwatcherNov. 29, 2011 - 12:46PM JST

Spending includes what? Don't trust any of these stats

No transparency in Japan.

Japan has been caught in a web. The tax hike is not a good idea, I agreed, but how would you solve the sovereign debt of Japan? I agree with the IMF that Japan needs to solve this problem first. Otherwise, Japan will become a deficit country in a couple of years. Actually, the GDP growth is the best and painless solution to the debt reduction, but Japan has exhausted all tools.
0

JeremiahWNov. 29, 2011 - 02:36PM JST

4.5 percent. That means they need a 1.6 trillion dollar stimulus package to equal the one we got in America and achieve 9 percent unemployment.
0

zichiNov. 29, 2011 - 02:39PM JST

The jobless rate inside the disaster zone is four or fives times the national rate. Mostly the jobs available there are all min wages.
-1

Elbuda MexicanoNov. 29, 2011 - 03:16PM JST

No surprise here! When oh when will the goons in Nagatacho understand our pain??