TOKYO, Japan (AFP)–Japan’s jobless rate slumped to a 26-year low in May while the jobs-to-applicants ratio hit new record high, as the country struggles with labor shortages, official figures showed Friday. The unemployment rate fell to 2.2 percent from 2.5 percent in the previous three months, according to a survey by the internal affairs ministry, the lowest level since August-October of 1992. The jobs-to-applicants ratio stood at its highest rate in 44 years, with 160 […]