Japan job-to-applicant ratio dips to 1.18

The job-to-applicant ratio dipped slightly to 1.18, so there are now just 118 jobs for every 100 people looking, making things a bit tougher for job hunters.
The labor force shrank by another seven-month low, though participation nudged up to 63.6%.
High import costs and global uncertainty are weighing on Japan's famously tight job market, something young workers and new graduates will definitely want to keep an eye on.

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