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Breaking Down Japan's Economic Data

Breaking Down Japan's Economic Data

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses Japan's economic indicators, highlighting improvements in employment rates and retail sales, despite challenges in industrial production. The unemployment rate dropped to 3.5%, and job offers increased, indicating a tighter job market. Retail sales rose by 1.2% year-on-year, showing recovery after a sales tax hike. However, industrial production fell by 1.5% in August, more than expected, due to companies producing outside Japan. Overall, the Japanese economy is experiencing a sluggish rebound, with positive signs in consumer spending and job quality.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate in Japan last month?

2.9%

3.5%

3.8%

4.0%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many job offers were available for every 100 job seekers?

120

90

100

110

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the year-on-year increase in retail sales?

2.0%

0.8%

1.2%

1.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did household spending fall in August compared to the previous year?

5.0%

6.2%

4.7%

3.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected change in industrial production in August?

Remained the same

Decreased by 1.5%

Increased by 1.5%

Increased by 0.4%

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