December 28, 2008

Japan’s industry, employment weaker

Filed under: FYI,General,Japan,unemployment — DF @ 11:04 pm
Tags: ,

According to CNN: “Japan’s industrial output took the largest drop in history in November over October, tumbling 8.1% – nearly double the previous record of 4.3% in January 2001, according to a report from the Ministry of Economy, Trade and Industry.”
“More than 2.5 million Japanese are out of work, the ministry said, and for every three people looking for a job, only 1.5 jobs are available. That ratio is the lowest in nearly 5 years.”

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