29 Mar 2016
JPY: Marginal increase in jobless rate - TDS
Research Team at TDS, notes that the Japanese Feb jobless rate rose a touch from 3.2% to 3.3%.
Key Quotes
“But the job market remains tight, suggesting the unemployment rate could dip below 3%. Feb Household spending surprised to the upside, +1.2%/yr vs expectations for a near 2% decline, but retail sales disappointed, down 2.3%/m.”
Key Quotes
“But the job market remains tight, suggesting the unemployment rate could dip below 3%. Feb Household spending surprised to the upside, +1.2%/yr vs expectations for a near 2% decline, but retail sales disappointed, down 2.3%/m.”