Japan September Unemployment Rate: Bearish for JPY

On October 3, 2025, the Japan Statistics Bureau released the unemployment rate data for September. The reported figure was 2.6%. No consensus forecast was provided; the previous value was also 2.6%.The unemployment rate measures the proportion of unemployed individuals within the labor force, reflecting idle labor capacity and serving as a key indicator of a country's or region's employment conditions. According to market impact analysis, an actual reading above the forecast is considered bearish for the Japanese yen.This indicator carries an importance level of 3. The calculation method involves determining the percentage of the labor force that was unemployed and actively seeking work during the past month. The data is published monthly, with the next release scheduled for November 28, 2025.

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