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Japan jobless rate hits new high

From the BBC:

Japan’s jobless rate hit a record 5.7% in July and consumer prices fell at a record pace, figures released days before a general election have shown.

Companies are continuing to lay off workers even though the economy has returned to growth after the most bruising recession for decades.

The state of Japan’s economy is the key issue in the election campaign.

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Posted by Dean Popplewell at 6:36 am UTC, 05/22/2012
Posted by Staff at 7:44 am UTC, 05/21/2012
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Interest Rates

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May
22
Today’s Global
Market Events
6:15am

USD
FOMC Member Lockhart Speaks
10:00am

EUR
Consumer Confidence
-20 vs. -20
USD
Existing Home Sales
4.64M vs. 4.48M
USD
Richmond Manufacturing Index
12 vs. 14
7:50pm

JPY
Trade Balance
-0.60T vs. -0.62T
8:00pm

AUD
CB Leading Index m/m
0.0%
8:30pm

AUD
MI Leading Index m/m
0.2%
Tentative

JPY
Monetary Policy Statement
JPY
Overnight Call Rate
0.10% vs. 0.10%