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As of September 2024, Japan's unemployment rate remained stable at 2.5%, reflecting a tight labor market despite ongoing economic challenges. The country's inflation rate, however, has risen to 3.2%, surpassing the Bank of Japan's target of 2%. This increase is primarily driven by higher energy costs and supply chain disruptions. The government is considering measures to address these inflationary pressures while maintaining economic growth. Analysts warn that if inflation continues to rise, it could impact consumer spending and overall economic stability.
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