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Nov. jobless rate sets record for 3rd month at 5.5%.

Publication: Japan Weekly Monitor
Publication Date: 31-DEC-01 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 28 Kyodo

(EDS: ADDING COMMENTS BY LABOR MINISTER AND CHIEF CABINET SECRETARY)

Japan's unemployment rate climbed to 5.5% in November, setting a record high for the third consecutive month, with job losses by middle-aged, full-time male workers showing a marked increase, the government said Friday.

The seasonally adjusted jobless rate followed rates of 5.4% in October, 5.3% in September and 5.0% in both August and July.

''Employment has deteriorated for the third month in a row. It is in a very severe situation,'' Health, Labor and Welfare Minister Chikara Sakaguchi said at a press conference.

The government will seek swift and effective implementation of...

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