Japan's job availability improves to best level in four decades in May

Japan's job availability improved to its best level in over four decades in May, government data showed Friday, highlighting evidence that labor is in short supply.The country's jobless rate rose to 3.1 percent in May from 2.8 percent in April, partly because people quit their jobs in search of better employment conditions, the Ministry of Internal Affairs and Communications said.Strong exports to Asia have driven Japan's economy, which has been in its third-longest expansion phase in the postwar era. Companies, gradually stepping up output, are in an increasingly intense hunt for workers.T…READ FULL ARTICLE