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Japan Unemployment is Down VOA News 1 Mar 2002 05:28 UTC 
Japanese officials say the country's unemployment rate has dropped to 5.3 percent.
The government made the announcement Friday. The jobless rate is down from January's record high 5.5 percent.
Economists expect the jobless rate to increase over the coming months, while other analysts say it is too early to hope for a strong rebound in the employment situation.
Japanese Prime Minister Junichiro Koizumi has promised to carry out economic reforms, but the process has been slow. Earlier this week, Japan unveiled a new plan to fight falling prices and stimulate consumer demand in an effort to pull the world's second largest economy out of recession.
Some information for this report provided by AFP and AP.
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