Japan September Jobless Rate Eases to 2.6% from August’s 2.7% as Job Cuts Fall, Fewer People Quit to Look for Better Positions 

–Employment Up Y/Y for 14th Straight Month, Led by Hotels, Restaurants, Construction; Manufacturing Jobs Slump  –Number of Unemployed Drop After 2 Months of Increase  By Max Sato (MaceNews) – Japanese payrolls posted their 14th straight rise on year in September as massive hiring by hotels, restaurants and builders continued mitigating a sharp decline in manufacturing […]

Japan August Household Spending Posts 6th Straight Y/Y Drop as Frugal Patterns Linger Amid High Costs, But Up M/M After Pullback 

–Spending on Ceremonies Down; Move to Discount Mobile Phone Plans Continues–Traveling, Eating Out Remain Strong in Absence of Covid Restrictions –Real Household Income Posts 11th Straight Y/Y Drop on Elevated Costs Despite Nominal Wage Hikes   By Max Sato (MaceNews) – Japan’s real household spending posted its sixth straight drop on the year in August as […]

Preview: BOJ September Tankan to Show Modest Improvement in Major Manufacturers’ Sentiment

–Supply Chain Recovery Supports Auto Industry but Silicon Demand Sluggish –Eased Covid Rules Helping Services Sector While High Costs Hurting Consumers –December Business Confidence Seen Flat to Slightly Lower –FY23 Capex Plans Among Large, Small Firms Expected to Be Revised Up Further By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey […]