NHK Radio News (released on 29th Sept. 2023 at 11 am)
28th September 2023 NHK news at 11am JST (午前11時のNHKニュース）
1. 10-year JGB yields soared to decade highs
Today bond market witnessed a rise in the benchmark 10-year Japanese government bond yields reaching 0.77% in today's morning, reflecting a growing trend of bond selling in the market. This rate marked a 10-year high not seen since September 2013.
Analysts see that while the US interest rates remain high, Japan seems to be following a similar trend. Their analysis suggests that the Japanese central bank may revise its monetary easing strategy in the future, potentially leading to a decline in bond prices. Such forecasts seem to have led to this surge in the selling of Japanese government bonds.
2. Japan's unemployment rate has remained the same since last month at 2.7%
According to the Ministry of Internal Affairs and Communications, last month's number of employees was 67.73 million, marking an increase of 220 thousand compared to the same month the previous year. The number of employed females stands at 36.6 million, hitting a record high and rising for 19 consecutive months.
However, last month's number of unemployed individuals was 1.86 million, relfecting an increase of 90 thousand compared to the corresponding month in the year before. Therefore, the unemployment rate excluding seasonal factors is calculated as 2.7 percentage points, leveling out for the past 2 months.
One of the distinctive reasons for leaving jobs was to seek for better conditions. A total of 830 thousand people left their workplaces voluntarily, representing an increase of 110 thousand compared to the same month the previous year.
The Ministry of Internal Affairs and Communications commented on the situation that "in light of rising wages, more people actively seek better working conditions. We need to closely monitor whether they are successful in securing the jobs they desire".
3. A hospital in Sumida-ku prepares for installation of "Baby Post"
San-Ikukai, a social welfare corporation headquartered in Sumida-ku, Tokyo, revealed their plans to introduce a so-called "Baby post" into their hospital with obstetrics facilities in Sumida-ku. The corporation is aiming to implement a confidential birth, a system where an expected mother is only required to disclose her name and contact address to the medical institution.
Because of factors including poverty and abuse, the number of women with agony such as unexpected pregnancy and giving birth alone without support is increasing. Sadly, incidents of leaving babies are continuing to unfold. San-Ikukai has been considering the installation for several years. The organization is going to discuss the details with authorities.
San-Ikukai told us that once the installation comes true, it will be the second hospital in Japan to offer such a service after Jikei Hospital in Kumamoto.
The original podcast (the episode expires 11:05 am JST on 30th September):
Apple Podcast
Google Podcasts
Disclaimer: Please note that articles on this website are not official publications or for any commercial purposes. Therefore, the author does not guarantee the accuracy of the translation/summary or the information the media provides. The contents on this website are secondary information.
This article was NOT written by generative AI such as ChatGPT.
1. 10-year JGB yields soared to decade highs
Today bond market witnessed a rise in the benchmark 10-year Japanese government bond yields reaching 0.77% in today's morning, reflecting a growing trend of bond selling in the market. This rate marked a 10-year high not seen since September 2013.
Analysts see that while the US interest rates remain high, Japan seems to be following a similar trend. Their analysis suggests that the Japanese central bank may revise its monetary easing strategy in the future, potentially leading to a decline in bond prices. Such forecasts seem to have led to this surge in the selling of Japanese government bonds.
2. Japan's unemployment rate has remained the same since last month at 2.7%
According to the Ministry of Internal Affairs and Communications, last month's number of employees was 67.73 million, marking an increase of 220 thousand compared to the same month the previous year. The number of employed females stands at 36.6 million, hitting a record high and rising for 19 consecutive months.
However, last month's number of unemployed individuals was 1.86 million, relfecting an increase of 90 thousand compared to the corresponding month in the year before. Therefore, the unemployment rate excluding seasonal factors is calculated as 2.7 percentage points, leveling out for the past 2 months.
One of the distinctive reasons for leaving jobs was to seek for better conditions. A total of 830 thousand people left their workplaces voluntarily, representing an increase of 110 thousand compared to the same month the previous year.
The Ministry of Internal Affairs and Communications commented on the situation that "in light of rising wages, more people actively seek better working conditions. We need to closely monitor whether they are successful in securing the jobs they desire".
3. A hospital in Sumida-ku prepares for installation of "Baby Post"
San-Ikukai, a social welfare corporation headquartered in Sumida-ku, Tokyo, revealed their plans to introduce a so-called "Baby post" into their hospital with obstetrics facilities in Sumida-ku. The corporation is aiming to implement a confidential birth, a system where an expected mother is only required to disclose her name and contact address to the medical institution.
Because of factors including poverty and abuse, the number of women with agony such as unexpected pregnancy and giving birth alone without support is increasing. Sadly, incidents of leaving babies are continuing to unfold. San-Ikukai has been considering the installation for several years. The organization is going to discuss the details with authorities.
San-Ikukai told us that once the installation comes true, it will be the second hospital in Japan to offer such a service after Jikei Hospital in Kumamoto.
The original podcast (the episode expires 11:05 am JST on 30th September):
Apple Podcast
Google Podcasts
Disclaimer: Please note that articles on this website are not official publications or for any commercial purposes. Therefore, the author does not guarantee the accuracy of the translation/summary or the information the media provides. The contents on this website are secondary information.
This article was NOT written by generative AI such as ChatGPT.
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