Unemployment rate unexpectedly eases to 5.3%

According to the Japan Times, the government said that the unemployment rate has dropped to 5.3% in September.
In August, the rate was 5.5%.
There seems a signs that a recovery in the economy is spreading to consumers.
According to Toru Shimano, head of econmic research at Okasan Securities Ltd. , said that the productions slowely increasing, which means that the job market is probably not going to get much worse. Still, it is too early to be optimistic.
The U.S. economy , Japan't largest verseas market, expanded at an annual 3.5% rate last quarter after a year of contraction. The growth in China which has 8.9% of economic expantion could have lead to it.
However, the situation of recruitment of university graduates have not changed a bit.
The big companies in Japan, such as Nomura Holdings Inc., and Mitsubishi UFJFinancial Group
Inc. say they will cut the recruitment of those graduates to almost a half.