Reuters (June 27)
2014/ 06/ 29 by jd in Global News
With unemployment hitting a 16-year low, Japan’s surprisingly strong job market may provide the nation with needed momentum. “Analysts expect the economy to contract in the second quarter due to the tax hike…. The contraction could be more severe given the weak spending data, although the strong job market and an expected increase in summer bonus payments will underpin spending.”
Tags: Analysts, Bonus, Contraction, Economy, Japan, Jobs, Momentum, Spending, Tax hike, Unemployment
