Japan's unemployment rate drops to 2.5 percent

Japan's unemployment rate is 2.5 percent, according to Labor Ministry data. Japan's unemployment rate fell to 2.5 percent in November, while job availability remained at its highest level since March 2020, according to government data released on Tuesday. Economists had also expected the unemployment rate to fall to 2.5 percent from 2.6 percent. The job-to-application ratio stood at 1.35, unchanged from October, according to Labor Ministry data.