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Japan's unemployment rate has hit a six-year high as the world's second largest economy continues to battle with the fallout from the global economic crisis.
According to data released on Friday the jobless rate his 5.4 per cent in June, putting it on course to rise above its post-Second World War high of 5.5 per cent, last seen in April 2003.
Japanese companies are continuing to shed thousand of workers following a decline in demand for cars, electronics and other exports that has resulted in plunging profits.
Announcing the latest data, the government said the number of people out
Production climbed 2.5 percent from May, according to the median forecast of economists surveyed before a Trade Ministry report tomorrow. That would be an 8.3 percent quarterly gain, the biggest increase since the end of the Korean War in 1953.