Analysts at Nomura are forecasting an April unemployment rate of 2.5%, up 0.1 percentage point (pp) from March for Japanese economy. Key Quotes “The job openings-to-applicants ratio, which tends to lead the unemployment rate, was 1.59x for March, the most recent data point, and has been around that level since December 2017, indicating that the tightening in labor supply-demand conditions may have stalled. The April Consumer Confidence Index fell 0.7pp from March, with the employment component of the index falling by a relatively large 1.2pp, and we believe a reaction to the sharp tightening in January-March labor supply-demand is likely. Therefore, we expect the unemployment rate to rise in April from March.” “We forecast an April job openings-to-applicants ratio of 1.60x, from 1.59x in March. Looking at leading indicators, the March number of new job openings rose month-on-month, which we believe led to an increase in the April job openings-to-applicants ratio.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold weakens farther below $1300 mark FX Street 5 years Analysts at Nomura are forecasting an April unemployment rate of 2.5%, up 0.1 percentage point (pp) from March for Japanese economy. Key Quotes "The job openings-to-applicants ratio, which tends to lead the unemployment rate, was 1.59x for March, the most recent data point, and has been around that level since December 2017, indicating that the tightening in labor supply-demand conditions may have stalled. The April Consumer Confidence Index fell 0.7pp from March, with the employment component of the index falling by a relatively large 1.2pp, and we believe a reaction to the sharp tightening in January-March labor supply-demand is likely.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
