Japan's unemployment rate has been rising since end-Q1 2010—in other words, since the end of the cyclical export rebound. As Japan is really still only an industrial economy, not an information economy like the U.S. or eurozone, the downturn in exports means a slowdown in industrial production and hence employment growth.
in RGE
Related ETFs: iShares MSCI Japan Index (ETF) (Public, NYSE:EWJ),
