Japan October jobless rate stays at 2.6% for 3rd month amid tight labor market

Japan's unemployment rate in October held steady for the third straight month at 2.6 percent but the number of jobless people continued to increase while more women entered the workforce, government data showed Friday.The number of female workers stood at 31.59 million, the highest level since comparable data became available in January 1953, according to the Ministry of Internal Affairs and Communications.The notable increase in female employment has come on the back of wage hikes and the ongoing labor scarcity, according to a ministry official, who said the overall labor situation "remain…READ FULL ARTICLE