Japan's Jobless Rate Drops

TOKYO (Reuters) – Japan's jobless rate in August fell to 2.5% from 2.7% in July, government data showed on Tuesday.

The seasonally adjusted unemployment rate compared with economists' median forecast of 2.6%.

The jobs-to-applicants ratio in August declined to 1.23 from 1.24 in July, separate labour ministry data showed. The median forecast was for 1.24.

(This story has been corrected to fix the month to August, not July, in the headline)