Product Design & Development

Japan jobless rate up, spending down in March

By The Associated Press
Thursday, April 30, 2009
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Japan jobless rate up, spending down in March

TOKYO (AP) — Japan says its jobless rate rose and household spending fell in March.

Friday's government announcement shows the world's second-largest economy is still faltering.

The Ministry of Internal Affairs and Communications said the jobless rate worsened to 4.8 percent in March, up from 4.4 percent.

The ministry said household spending, a key measure of individual consumption, fell 0.4 percent from a year ago.

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