unemployment rate

Higher employment means higher household spending right? Not in Japan

SINGAPORE (Aug 31): Household spending in Japan has bucked conventional economic theory, falling 0.5% in July even as the unemployment rate fell to 3% in the same month, says a Wall Street Journal report on Tuesday.

World’s least miserable live in Asia, thanks to disinflation

(Aug 8): The Land of Smiles really is the happiest place in the world, at least in terms of holding a job and keeping the rising cost of goods in check.
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