Japan data: February unemployment rate 2.6% (vs, 2.4% expected)

Japan employment data for February 2023.

• Unemployment rate 2.6%

expected 2.4%, prior 2.4%

Job to applicant ratio 1.34

• expected 1.36, prior 1.35

Unemployment is not much of an issue in Japan.

Of more interest are the inflation data:

• Japan data - Tokyo area headline CPI in March 3.3% y/y (expected 3.2%)