Japan unemployment rate fell to 5.1 percent in October, from 5.3 percent in September. The Japanese government stated that it is increased for three consecutive months.

As reported by the AFP, Friday (27/11/2009), the latest unemployment data was beat market estimates that the average rose by 5.4 percent. The unemployment rate for men fell to 5.3 percent from 5.6 percent in September and for women fell to 4.8 percent from 4.9 percent.

Another survey issued by the Ministry of Labor shows there are 44 job offers for every 100 job seekers in October. This figure is slightly up from 43 the previous month.

Many Japanese companies, particularly exporters, are moving fast in cutting jobs and production in response to falling demand. This is caused by the global economic downturn which affected Japan and into the postwar world slumped.

However, the Japanese economy grew in April-June for the first time in five quarters because of his rebounding exports and government stimulus measures.

Own economic growth was recorded at 1.2 percent in July-September from the previous quarter, or 4.8 percent on an annual basis. This left a trail on the best growth in more than two years. But the deflation is seen as a threat to economic recovery.

On the other hand, in a separate survey, the Japanese consumer price index fell 2.2 percent in October from a year earlier.