June 29th, 2010
12:44 AM GMT
New figures show Japan's job market has taken a hit.
The unemployment rate in the world's second largest economy rose to 5.2 percent in May – up from 5.1 percent in April. That may be hurting confidence among Japanese consumers, as household spending fell 0.7 percent.
Goods rolled out of Japan's factories at a slower pace in May. Industrial production fell a tenth of a percent in May compared to April.
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