Against an forecast drop to 3.5% joblessness, Japan's unemployment rate missed expectations by the most in 10 months and surged to 3.7% (its highest since Dec 2013). That likely explains why household spending and retail sales both dropped for the 3rd month in a row... (and why Abe's approval rating just broke back under 50%).
Unemployment jumps to 2014 highs...
[3]
and Household spending tumbled once again...
[4]
