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TOKYO, Japan (AFP) – Japan’s jobless rate edged up to 2.5 percent in July, official data showed Friday, with the number of available positions far outstripping job hunters as the country’s labour shortage persists. The July data from Japan’s internal affairs ministry is only a marginal increase from the 2.4 percent rate in June and 2.2 percent in May, a 26-year low. And the jobs-to-applicants ratio in July was the highest in 44 years, with […]
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 […]
SYDNEY, Australia (AFP) — The last Australian-made Toyota rolled off the production line Tuesday, ending over five decades of manufacturing by the Japanese firm as the once-booming local car-making industry grinds to a halt. Toyota announced in 2014 that it would stop making vehicles at its unprofitable Australian plants, joining the country’s other two large automakers — Ford and US giant General Motors’ Holden offshoot. Ford closed its production line last year and Holden will shutter its only […]
CHINA (Reuters) – The industrial profit growth of large enterprises in May continued a good momentum with a year on year growth of 16.7 percent, China’s National Bureau of Statistics (NBS) announced on Tuesday. The total industrial profits of large enterprises in May reached about 626 billion Yuan (around 95 billion US dollars), increasing 16.7 percent year on year. The growth rate is 2.7 percentage points higher than in April. The equipment manufacturing industry accounted […]
by Rob Lever / with Glenn Chapman in San Francisco Agence France-Presse WASHINGTON, United States (AFP) — A global alliance of tech industry and academic organizations unveiled plans on Monday to work together to combat the spread of “fake news” and improve public understanding of journalism. The News Integrity Initiative will launch with $14 million from Facebook, the Ford Foundation, Mozilla and others, based at the City University of New York’s journalism school, which will […]
LOS ANGELES, United States (AFP) — Pixar’s “Finding Dory” made the biggest splash in the North American box office in its debut weekend, taking in an estimated $136.2 million, industry data showed Sunday. “Dory,” voiced by Ellen DeGeneres, follows a very forgetful fish on a quest to find her parents, much as she did as a supporting character in the 2003 animated hit “Finding Nemo.” The sequel blew away her competition, including “Central Intelligence,” a […]
