The Crown Jewel of Japan’s Economy Is Losing Its Shine

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The Crown Jewel of Japan’s Economy Is Losing Its Shine
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Heard on the Street: Japan’s labor market may have peaked even before the ill-considered sales-tax hike in October

After a steady decline over the past decade, the slide in the unemployment rate has stalled. At 2.4%, unemployment in September was precisely where it sat 12 months earlier.

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