CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Japan's industry, employment weaker

Reports show output down a record 8.1% in November while jobless rate edges up to 3.9%.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

TOKYO (CNN) -- Japan's government released some key reports Friday indicating the island nation's economy is suffering along with the rest of the world.

Japan's industrial output took the largest drop in history in November over October, tumbling 8.1% - nearly double the previous record of 4.3% in January 2001, according to a report from the Ministry of Economy, Trade and Industry.

The huge disparity highlights how Japan's export-driven economy is faring against the decline of worldwide consumer demand.

Japan's unemployment rate was up to 3.9% in November, up 0.2 percentage point from October, according to the Ministry of Internal Affairs and Communications.

More than 2.5 million Japanese are out of work, the ministry said, and for every three people looking for a job, only 1.5 jobs are available. That ratio is the lowest in nearly 5 years. To top of page

Features
Markets Last Change
Dow Jones 10,283.93 -106.18 / -1.02%
Nasdaq 2,169.44 -20.17 / -0.92%
S&P 500 1,092.51 -10.74 / -0.97%
10-year Bond 100 5/32 Yield: 3.35%
U.S.Dollar 1 euro = $1.477 -0.006
December 8, 2009 10:01 AM ET
CompanyPrice% Change
The Kroger Co 20.00 -12.47%
SUPERVALU Inc 13.25 -8.28%
Safeway Inc 20.71 -7.71%
Sprint Nextel Corp 3.96 -5.26%
Dec 8 9:53am ET †
More Galleries
Living on a cash-only diet Credit card reform kicks in Feb. 22, but it won't matter to these 5 readers. They cut up their cards and are going debt free. They share how they did it. More
Hindsight First came the recession. Now come the books about the roots of the recession. More
Lean muscle cars These days, little engines produce the same power you once needed a big V8 for. Meet 5 new models bringing back the muscle car. More
Sponsors

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.