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  • Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’

    Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’

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    Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week.

    “It was just one data point,” Waller said, in a conversation in Sydney, Australia, sponsored by UBS.

    “The market seems to have gotten way out in front over this one CPI report. Everybody should just take a deep breath, calm down. We’ve got a ways to go ” Waller said.

    Investors cheered the soft CPI print, released Thursday, driving stocks up to their best week since June. The S&P 500 index
    SPX,
    +0.92%

    closed 5.9% higher for the week.

    The data showed that the yearly rate of consumer inflation fell to 7.7% from 8.2%, marking the lowest level since January. Inflation had peaked at a nearly 41-year high of 9.1% in June.

    Waller said it was good there was some evidence that inflation was coming down, but noted that there were other times over the past year where it looked like inflation was turning lower.

    “We’re going to see a continued run of this kind of behavior and inflation slowly starting to come down, before we really start thinking about taking our foot off the brakes here,” Waller said.

    “We’ve got a long, long way to go to get inflation down. Rates are going keep going up and they are going to stay high for awhile until we see this inflation get down closer to our target,” he added.

    The Fed is focused on how high rates need to get to bring inflation down, and that will depend solely on inflation, he said.

    Waller said “the worst thing” the Fed could do was stop raising rates only to have inflation explode.

    The 7.7% inflation rate seen in October “is enormous,” he added.

    The Fed signaled at its last meeting earlier this month that it might slow down the pace of its rate hikes in coming meetings.

    The central bank has boosted rates by almost 400 basis points since March, including four straight 0.75-percentage-point hikes that had been almost unheard of prior to this year.

    “We’re looking at moving in paces of potentially 50 [basis points] at the next meeting or the next meeting after that,” Waller said.

    The Fed will hold its next meeting on Dec. 13-14, and then again on Jan. 31-Feb. 1.

    At the same time, Powell said the Fed was likely to raise rates above the 4.5%-4.75% terminal rate that they had previously expected.

    “The signal was ‘quit paying attention to the pace and start paying attention to where the endpoint is going to be,’” Waller said.

    In the wake of the CPI report, investors who trade fed funds futures contracts see the Fed’s terminal rate at 5%-5.25% next spring and then quickly falling back to 4.25%-4.5% by November. That’s well below the levels prior to the CPI data.

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  • Biden predicts Democrat midterms win, says economy improving

    Biden predicts Democrat midterms win, says economy improving

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    ROSEMONT, Ill., Nov 4 (Reuters) – U.S. President Joe Biden, battling to show restive voters he has boosted the economy, touted his economic policies on Friday and said he planned to talk with oil companies about high prices and record profits, as he predicted Democrats will prevail in Tuesday’s midterms despite polls showing Republican gains.

    On a three-day, four-state campaign swing, Biden stopped at Viasat Inc. (VSAT.O), a U.S. communications firm in Carlsbad, California, to tout efforts to increase semiconductor chip production and resolve supply chain issues that erupted early in his presidency.

    With some Republican support, Biden signed into law in August the Chips and Science Act to jumpstart domestic semiconductor production in response to slowed production of automobiles and high-tech products like those built by Viasat.

    At Viasat, Biden said the government’s latest jobs report showing the U.S. economy added 261,000 jobs last month was a sign of progress.

    He said he planned to have a “come to the Lord” talk with U.S. oil companies soon to complain about their record profits at a time when Americans are paying high prices at the pump.

    The meeting is not yet set up, Biden clarified to reporters after the speech, and the White House said the president was just making clear that he was serious about forcing companies to change their behavior.

    Biden left California to attend a Chicago-area fundraiser on Friday night for two Democratic Illinois House members, Representatives Lauren Underwood and Sean Casten, both at risk of losing their seats if Republicans do well in midterm elections on Tuesday.

    “I’m not buying the notion that we’re in big trouble” Biden told donors gathered at the event before adding that he believes Democrats will keep the house and senate

    Earlier in the day, Biden declared inflation was his number one priority, stressing he was taking Americans’ economic concerns seriously as voters go to the polls on Tuesday to decide whether he and his Democrats hang on to control of the U.S. Congress.

    “Folks, our economy continues to grow and add jobs even as gasoline prices continue to come down,” he said. “We also know folks are struggling from inflation.” But he said there are “bright spots” where the country is rebounding.

    Forecasts show Republicans are poised to take control of the U.S. House of Representatives and perhaps the Senate as well, which would give them the power to block Biden’s legislative agenda for the next two years.

    The party in the White House historically loses control of Congress during the first half of a new president’s term.

    However, Biden said he thought Democrats might buck the trend this time. “We’re going to win this time around. I feel really good about our chances,” he said, adding Democrats have a good chance of winning the House of Representatives.

    Biden’s campaign swing will conclude with a joint appearance in Philadelphia on Saturday with former President Barack Obama.

    Democrats’ electoral hopes have been hammered by voter concerns about high inflation, and Biden’s public approval rating has remained below 50% for more than a year, coming in at 40% in a recent Reuters/Ipsos poll.

    Biden has also warned of what Democrats say are the dangers that Republicans backed by former President Donald Trump pose to U.S. democracy.

    Reporting by Trevor Hunnicutt, Andrea Shalal and Steve Holland; Additional reporting by Daniel Trotta; Editing by Kim Coghill, Josie Kao and Michael Perry

    Our Standards: The Thomson Reuters Trust Principles.

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  • Twitter lays off staff, Musk blames activists for ad revenue drop

    Twitter lays off staff, Musk blames activists for ad revenue drop

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    • Musk axes around half of Twitter’s workforce
    • Employees file class action against Twitter
    • Staff lose access to systems
    • Major advertisers pull ads

    Nov 4 (Reuters) – Twitter Inc laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid concerns about content moderation.

    Tweets by staff of the social media company said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams.

    The move caps a week of chaos and uncertainty about the company’s future under new owner Elon Musk, the world’s richest person, who tweeted on Friday that the service was experiencing a “massive drop in revenue” from the advertiser retreat.

    Musk blamed the losses on a coalition of civil rights groups that has been pressing Twitter’s top advertisers to take action if he did not protect content moderation – concerns heightened ahead of potential pivotal congressional elections on Tuesday.

    After the layoffs, the groups said they were escalating their pressure and demanding brands pull their Twitter ads globally.

    “Unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted of the layoffs, adding that everyone affected was offered three months of severance pay.

    The company was silent about the depth of the cuts until late in the day, when head of safety and integrity Yoel Roth tweeted confirmation of internal plans, seen by Reuters earlier in the week, projecting the layoffs would affect about 3,700 people, or 50% of the staff.

    Among those let go were 784 employees from the company’s San Francisco headquarters and 199 in San Jose and Los Angeles, according to filings to California’s employment authority.

    Roth said the reductions hit about 15% of his team, which is responsible for preventing the spread of misinformation and other harmful content, and that the company’s “core moderation capabilities” remained in place.

    Musk endorsed the safety executive last week, citing his “high integrity” after Roth was called out over tweets critical of former President Donald Trump years earlier.

    Musk has promised to restore free speech while preventing Twitter from descending into a “hellscape.”

    President Joe Biden said on Friday that Musk had purchased a social media platform in Twitter that spews lies across the world.

    “And now what are we all worried about: Elon Musk goes out and buys an outfit that sends – that spews lies all across the world… There’s no editors anymore in America. There’s no editors. How do we expect kids to be able to understand what is at stake?”

    Major advertisers have expressed apprehension about Musk’s takeover for months.

    Brands including General Motors Co (GM.N) and General Mills Inc (GIS.N) have said they stopped advertising on Twitter while awaiting information about the new direction of the platform.

    Musk tweeted that his team had made no changes to content moderation and done “everything we could” to appease the groups. Speaking at an investors conference in New York on Friday, Musk called the activist pressure “an attack on the First Amendment.”

    Twitter did not respond to a request for comment.

    ACCESS TO SYSTEMS CUT

    The email notifying staff about layoffs was the first communication Twitter workers received from the company’s leadership after Musk took over last week. It was signed only by “Twitter,” without naming Musk or any other executives.

    Dozens of staffers tweeted they had lost access to work email and Slack channels overnight before receiving an official layoff notice on Friday morning, prompting an outpouring of laments by current and former employees on the platform they had built.

    They shared blue hearts and salute emojis expressing support for one another, using the hashtags #OneTeam and #LoveWhereYouWorked, a past-tense version of a slogan employees had used for years to celebrate the company’s work culture.

    Twitter’s curation team, which was responsible for “highlighting and contextualizing the best events and stories that unfold on Twitter,” had been axed, employees wrote.

    Shannon Raj Singh, an attorney who was Twitter’s acting head of human rights, tweeted that the entire human rights team at the company had been sacked.

    Another team that focused on research into how Twitter employed machine learning and algorithms, an issue that was a priority for Musk, was also eliminated, according to a tweet from a former senior manager at Twitter.

    Senior executives including vice president of engineering Arnaud Weber said their goodbyes on Twitter on Friday: “Twitter still has a lot of unlocked potential but I’m proud of what we accomplished.”

    Employees of Twitter Blue, the premium subscription service that Musk is bolstering, were also let go. An employee with the handle “SillyRobin” who had indicated they were laid off, quote-tweeted a previous Musk tweet saying Twitter Blue would include “paywall bypass” for certain publishers.

    “Just to be clear, he fired the team working on this,” the employee said.

    DOORS LOCKED

    Twitter said in its email to staffers that offices would be temporarily closed and badge access suspended “to help ensure the safety of each employee as well as Twitter systems and customer data.”

    Offices in London and Dublin appeared deserted on Friday, with no employees in sight. At the London office, any evidence Twitter had once occupied the building was erased.

    A receptionist at Twitter’s San Francisco headquarters said a few people had trickled in and were working in the floors above despite the notice to stay away.

    A class action was filed on Thursday against Twitter by several employees, who argued the company was conducting mass layoffs without providing the required 60-day advance notice, in violation of federal and California law.

    The lawsuit asked the San Francisco federal court to issue an order to restrict Twitter from soliciting employees being laid off to sign documents without informing them of the pendency of the case.

    Reporting by Sheila Dang in Dallas, Katie Paul in Palo Alto, California, and Paresh Dave in Oakland, California; Additional reporting by Fanny Potkin, Rusharti Mukherjee, Aditya Kalra, Martin Coulter, Hyunjoo Jin, Supantha Mukherjee and Arriana McLymore; Writing by Matt Scuffham and Katie Paul; Editing by Kenneth Li, Jason Neely, Matthew Lewis and William Mallard

    Our Standards: The Thomson Reuters Trust Principles.

    Paresh Dave

    Thomson Reuters

    San Francisco Bay Area-based tech reporter covering Google and the rest of Alphabet Inc. Joined Reuters in 2017 after four years at the Los Angeles Times focused on the local tech industry.

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  • What is the Japanese Language Proficiency Test (JLPT)?

    What is the Japanese Language Proficiency Test (JLPT)?

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    If you’ve been studying Japanese for a while, you might have heard of the JLPT, or Japanese Language Proficiency Test. A lot of Japanese study materials are marketed toward people who plan to take this exam for school, work, or personal purposes, so the acronym might look pretty familiar.

    I took the JLPT N2 once in 2021, and think it’s a fairly decent gauge of your on-paper Japanese skills. It’s also a handy little qualification to have if you want to live/work/study in Japan, or get a Japanese-related job regardless of where you live. But before you burn the midnight abura cramming for the JLPT, you should know whether it’s right for you or not. In this article, I’ll give you a general overview of what the JLPT is, why people take it, and what you can expect when you saunter confidently into that testing room.

    What is the JLPT Anyway?

    The JLPT stands for the Japanese Language Proficiency Test. It’s a timed, paper-based standardized test designed to gauge your reading comprehension and listening skills in Japanese with five difficulty levels.

    Who do we have to thank/blame for this? Well, it was devised by the Japan Foundation and Japan Educational Exchanges and Services (what a mouthful!) in 1984. Hundreds of thousands of people take it around the world every year, so it’s currently the most common test of Japanese language proficiency.

    The test was revised in 2010 to be more difficult — looking at you, N1 — and thus was born the current version of the JLPT we know and love today. And you don’t have to be in any special Japanese program or classes to take the JLPT; it’s open to anyone who signs up. While the JLPT is intended to test non-native speakers, native Japanese speakers can take it too. The exam’s five levels go from N5–N1 in order of increasing difficulty, with test-takers choosing which level to take.

    Why Do People Take the JLPT?

    Why would people voluntarily subject themselves to standardized test-taking, you ask? Believe it or not, there are actually all kinds of reasons why people sign up, depending on their Japanese language goals.

    According to a survey by the Japan Foundation in 2018, overseas applicants take the JLPT for two major reasons. One reason is for work — to get a job, promotion, or salary increase, inside or outside of Japan (33.4%). The other is simply to measure their level of proficiency in Japanese (33.2%). Another big motive is to gain admittance to a Japanese university, for those want to enroll in a program taught in Japanese.

    In Japan

    In Japan, I’ve found that people often take the JLPT for practical reasons. Almost every listing for a full-time technical and/or office job that will require you to operate primarily in Japanese requires applicants to have N2 or N1 certification. However, it tends to be rare that you have to show proof, as often the most important thing is demonstrating in the interview that you’re capable of performing the job at the desired Japanese level.

    Almost every listing for a full-time that will require you to operate primarily in Japanese requires applicants to have N2 or N1 certification.

    That said, you obviously shouldn’t lie about having passed the JLPT, since occasionally employers do ask to see your certificate. Plus, if you say you have it on your resume, you may need to show a copy upon receiving a job offer. Also, for some professions, there’s a higher chance that it really will matter. For example, medical practitioners, dentists, veterinarians, speech therapists, assistant nurses, some caregivers, and many other medical workers licensed overseas must pass the N1 before taking Japan’s medical licensing exams. So if you’ve got white-collar dreams in Japan, or simply aren’t sure what level to call your Japanese skills, you might want to start boning up on verb conjugation.

    Without a passing score on some level of the JLPT, it can be tough to get into a Japanese-taught university program as well. There are language schools dedicated solely to progressing students through each level of the JLPT, from N5 to N2/N1, hopefully culminating in their acceptance to a Japanese trade school or university. (I went to one of these language schools!) And hey, for all of you looking to prove you passed middle school? N1/N2 certification can also get you exempted from the Japanese-language test on the accreditation exam for completion of junior high education. All in all, there are quite a few doors you can open by waving an N1 or N2 certificate around.

    Outside of Japan

    On the other hand, more people outside of Japan sign up just to test their knowledge of Japanese, even if there are fewer concrete rewards for passing the exam. Students of Japanese are sometimes encouraged to use the JLPT as something to strive toward in their studies, or at least use as a general framework to gauge their abilities as they progress. For example, university professors sometimes design their courses around material for certain levels of the JLPT, and a lot of online study material is divided up by JLPT level. And for some self-learners, it can be a helpful goalpost as well. If you’ve been grinding it out at the WaniKani reviews mill for a long time, it can be extremely gratifying to pass the JLPT and prove to yourself how much you’ve learned.

    If you want to live in Japan at some point, the JLPT is one tool that can help you do that.

    But even if you are overseas, there can be some practical benefits and added bonuses to passing the JLPT, such as improving your resume for Japan-related programs like MEXT or getting a Highly Skilled Foreign Professional visa. Passing the N1 earns you 15 points toward preferential treatment for this visa, and the N2 gets you 10 points. You can find more information about this point system on the Immigration Bureau of Japan’s website. But basically, if you want to live in Japan at some point, the JLPT is one tool that can help you do that.

    That said, not every student of Japanese has to take the JLPT. In fact, standardized tests are only one measure of language proficiency, and an imperfect one at that. So if you’re not trying to get a job or go to school in Japan, you can decide for yourself whether it’s worth it!

    How Can I Take It?

    Alright, now you know what the JLPT is. But how do you get your Japanese-learning posterior in one of those chairs to take it?

    Be sure to take note of the dates you can sign up, because the registration period is notoriously short!

    The JLPT is given twice a year in Japan, in July and December. Overseas, it’s given once or twice a year, depending on your location. And it’s not offered online, so you’ll have to hike out to a testing site and take it on paper. You can look up your testing site and sign up online on the official JLPT website and MyJLPT registration portal. Be sure to take note of the dates you can sign up, because the registration period is notoriously short! The window to submit your application is usually about two to three weeks long for each test date. I’ve managed to miss this window twice in my life, so be vigilant.

    Each host city has its own designated testing site(s). In Japan, it could be anywhere that has the capacity to host crowds of nervous foreigners — for instance, I took it at a huge hotel in Nagoya. However, overseas, it may be your local Japanese embassy/consulate or university.

    The application fee can vary based on your location and level, but it’s generally 5,000–6,500 yen in Japan and $50–60 in the US. Before you cough up this change, make sure you’re actually available on the test date. Unless the test is canceled due to circumstances like COVID, you don’t get a refund if you miss it. The Japan Foundation has certainly profited from my negligence in that department (read: skipping the test to go to a concert or take finals), so don’t be like me!

    What’s the Test Like?

    So what exactly are you and your number two pencils signing up for?

    Well, the JLPT is an in-person test that lasts about three hours, with some slight variance depending on the level. You’ll be in the same room as other test-takers for the entire time. The proctors will read the instructions aloud to you, time each section, and watch to make sure you’re not cheating off any secret kanji scribbled on your bottle of Pocari Sweat.

    You’ll need to bring your photo ID, test voucher, and handy dandy pencils and erasers. It’s worth mentioning that the anti-cheating rules can be pretty stringent, meaning no pencils with designs on them, erasers with wrappers, water bottles with labels, or clothes/bags with Japanese characters on them. How well these restrictions are enforced might vary depending on your proctors, but best not to take any chances. They’re also not supposed to lend you extra pencils, and there may not be a pencil sharpener available, so bring multiple!

    Since the test is quite strictly timed, I recommend bringing or buying a cheap analog wristwatch for the occasion.

    Additionally, since the test is quite strictly timed, I recommend bringing or buying a cheap analog wristwatch for the occasion. If your testing room doesn’t have a reliable or easily-visible clock, you’ll be glad you brought it. Digital watches are okay too, but make sure they don’t beep or make any sounds that might get you disqualified. Then they’d have to shred your test and feed it to the wolves. 🙁

    Overall, the JLPT is a pretty straightforward experience — highly standardized and some amount of nerve-wracking, depending on how much you’ve got staked on it. Taking the test once was enough for me, but don’t let that stop you from sending the Japan Foundation fifty dollars twice a year if you want to!

    Levels of the JLPT

    illustration of 5 jlpt textbooks from n5 to n1 forming a staircase

    So now you should have a pretty good idea of what taking the JLPT is like, but part of the experience will depend on your level. So, what level of the JLPT should you take?

    The JLPT has five levels: N5-N1, with N5 being the easiest and N1 being the most difficult. As mentioned, N2-N1 are often regarded as qualifying a person to be able to work in a business-Japanese setting or get by in an all-Japanese academic program. About 90% of international students looking for jobs in Japan are reportedly N2–N1 level, according to Jump Japan Media. Conversely, N5–N3 are geared more toward basic, “everyday” Japanese.

    Your mileage may vary, of course, but here’s a rough breakdown of what you might be able to do at each level:

    N5
    • Read and understand short, common Japanese sentences using kana and basic kanji
    • Understand Japanese conversations that are about familiar everyday topics and spoken slowly
    • Work part-time doing jobs that don’t require much Japanese, such as manual labor, cleaning, delivering mail, etc.
    N4
    • Read and understand Japanese materials about familiar everyday topics using basic kanji and vocabulary
    • Understand Japanese conversations that are spoken slowly
    • Work part-time doing jobs that require basic Japanese, such as kitchen work, catering, etc.
    N3
    • Read and understand Japanese materials about everyday topics
    • Understand Japanese conversations spoken at nearly-natural speed
    • Qualify for some full-time jobs and internships (especially at international companies) involving Japanese, in fields such as IT, customer service, consulting, tech, etc.
    • Work part-time doing jobs that require smooth verbal communication with coworkers and customers in Japanese at a convenience store, cafe, restaurant, retail store, office, etc.
    N2
    • Read and understand newspapers and other Japanese materials written in a straightforward manner
    • Understand native Japanese spoken in a variety of settings at nearly-natural speed
    • Qualify for some full-time jobs at Japanese companies doing web development, engineering, translation/interpretation, HR, etc. fully in Japanese
    • Get accepted to some undergraduate or graduate-level programs in Japan taught in Japanese
    N1
    • Read and deeply understand complex, abstract Japanese materials
    • Comprehensively understand native Japanese spoken at natural speed
    • Qualify for full-time jobs at Japanese companies doing highly technical and/or academic translation and interpretation, medical services, etc. fully in Japanese
    • Get accepted to some undergraduate or graduate-level programs in Japan taught in Japanese

    To determine which level you might want to take, I suggest looking up videos and resources of study materials for each level to help gauge your knowledge. You can also refer to this official “JLPT Can-do Self-Evaluation List” of comprehension tasks based on what examinees who passed each level of the exam reported they can do (e.g. read novels, understand TV dramas, etc.).

    Choose the level that speaks to you, or that you have to take in order to meet any school or work requirements. Keep in mind that you can retake the same level whenever you want, as long as you pay to apply again. You can also start low and work up to a higher level over time. Just know that if you have N1, N2 won’t be of much use to you, so you can skip from N3 to N1 if you want to go for it without worrying about failing. Even if you don’t do well, you’ll gain the real-life experience of taking the test in person, which can give you a much better idea of what you might need to do to pass it next time. But it all depends on your priorities and situation. I took the N2 instead of the N1 because I valued passing the first time over gaining experience. So it’s up to you!

    Sections of the Test

    You know about the levels of the JLPT now, but which skills should you be brushing up on to prep for it? Well, pretty much everything except speaking and writing — vocabulary, grammar, reading, and listening comprehension — because there are no speaking or writing sections on the JLPT. So at least you’re safe in those regards!

    In general, all levels of the JLPT test you on three main categories: Language Knowledge (Vocabulary and Grammar), Reading, and Listening.

    In general, all levels of the JLPT test you on three main categories of Japanese language proficiency: Language Knowledge (Vocabulary and Grammar), Reading, and Listening. The Vocabulary section is pretty straightforward: you’ll choose kanji readings in multiple-choice questions, fill in the blanks in sentences with the correct words, and pick which sentences have roughly the same meaning. The Grammar section will have you choosing the correct particles to use in a sentence and puzzling out which sentence order is correct. As you might expect, the Reading section contains passages of varying length and style with accompanying comprehension and fill-in-the-blank questions. And the Listening section mostly consists of short, medium, and long conversations you have to remember the details of in order to answer the comprehension questions that come after.

    The chart below shows you the section breakdown of each level of the JLPT.

    Level Section Breakdown
    N5 Language Knowledge (Vocabulary) 20 mins
    Language Knowledge (Grammar)・Reading 40 mins
    Listening 30 mins
    N4 Language Knowledge (Vocabulary) 25 mins
    Language Knowledge (Grammar)・Reading 55 mins
    Listening 35 mins
    N3 Language Knowledge (Vocabulary) 30 mins
    Language Knowledge (Grammar)・Reading 70 mins
    Listening 40 mins
    N2 Language Knowledge (Vocabulary/Grammar)・Reading 105 mins
    Listening 50 mins
    N1 Language Knowledge (Vocabulary/Grammar)・Reading 110 mins
    Listening 60 mins

    As you can see, unlike the N5–N3, the N2 and N1 group Vocabulary, Grammar, and Reading into one long test section. This means you can complete them in any order no matter which one comes first in the booklet. The time allotted for each section can vary depending on the year, so be sure to check the JLPT website’s time schedule for the most current information.

    Time Limits

    Aside from the content and difficulty, did you notice the other main difference between JLPT levels? That’s right, the length of each test varies quite a bit, with lower levels taking less time than higher levels.

    The N2 and N1 last approximately three hours overall, while the N5–N3 only take between one to two hours. Basically, the higher the JLPT level, the longer you’ll be sitting there Christmas-treeing the answers. (Just kidding…maybe.)

    It’s worth noting that the time limit on the Listening section tends to be a hard limit. The proctors generally are not supposed to replay any questions no matter how pitifully you beg. So make sure you use the paper they give you for note-taking while you listen, because it’ll likely save your life. Other than that, all you can do is listen up the first time around and hope no one around you coughs or squeaks in their seat.

    The time limit of the JLPT makes it partially a test of endurance.

    The time limit of the JLPT makes it partially a test of endurance. Granted, during my N2 exam, there was a short break in between the Language Knowledge and Listening sections during which you could go to the bathroom and have a snack to replenish your test-taking juices. But even so, I found it difficult to sustain my energy levels enough to stay 100% focused throughout the whole test. It’s easy to drop off after Vocabulary/Grammar/Reading and snooze through the Listening section – the worst section to take a nap, since there are no playbacks. So make sure to prepare for the time limits and get a good night’s sleep beforehand!

    Scoring & Results

    illustration of an jlpt n5 certificate

    Okay, you’ve gone through the testing gauntlet and hopefully made it out the door with your dignity intact. Now, how will the almighty Japan Foundation decide your fate?

    Well, there’s a certain benchmark of points required for every section in order to pass, meaning you can’t bomb any of them. On average, you have to get at least a ~32% on each section and a ~50% on the whole test to pass. However, each level of the JLPT is scored a little differently math-wise, so I recommend viewing the breakdown for yourself on the JLPT’s “Determination of pass/fail” page.

    But how exactly do they decide how well you did on each section? That’s a complicated question. The way the JLPT is scored is actually kind of convoluted. They use “scaled scores,” meaning your score isn’t a direct one-to-one reflection of how many questions you got wrong. Instead, the Japan Foundation calculates results using Item Response Theory (IRT), which is based on your “answering patterns.” This means they take into account which questions you got right and throw out questions everyone tended to get right or wrong. You won’t be notified of your raw score, only this scaled score. And good news: there’s no penalty for getting questions wrong, so try to answer them all!

    They use “scaled scores,” meaning your score isn’t a direct one-to-one reflection of how many questions you got wrong.

    Presumably because of all this fancy arithmetic, the exams take about two to three months to score. So just sit back, watch people gossip about the test on Reddit, and wait for the results to roll in. You can see your results online on MyJLPT, and your Score Report will also be physically mailed to you via the institution where you took the exam. The Score Report tells you your score on each section, but doesn’t go into detail about which questions you got wrong. Overseas examinees get to see their percentile rank compared to other test-takers, too. And if you passed, you’ll also receive a nice little Certificate of Proficiency to obnoxiously whip out next time someone doubts your Nihongo prowess.

    Happy Testing…!

    Hopefully after reading this, you have a better understanding of what the JLPT is and whether you’re interested in taking it. If you do decide to sign up, best of luck!

    Whether you’ve been diligently studying for months or slammed a bunch of grammar into your noodle the night before, I’m proud of you. Even if you gave up after twenty minutes and doodled a picture of Colonel Sanders on your answer sheet, at least you know more about where you’re at now. Remember, the real achievement is in showing up and doing the work to better your Japanese, no matter your score.

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    Emily Suvannasankha

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  • White House says no new deadlines on reconciliation bill

    White House says no new deadlines on reconciliation bill

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    WASHINGTON, Oct 22 (Reuters) – U.S. President Joe Biden does not have any new deadlines as the administration continues to negotiate with Democratic lawmakers on the framework of a massive spending bill aimed at social programs and tackling climate change, White House press secretary Jen Psaki said on Friday.

    Register now for FREE unlimited access to Reuters.com

    Reporting By Jarrett Renshaw

    Our Standards: The Thomson Reuters Trust Principles.

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  • Learn How to Crush Your Career Search With This Free Online Summit

    Learn How to Crush Your Career Search With This Free Online Summit

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    Press Release



    updated: Jul 12, 2018

    The inaugural Career Seekers Summit, an online seminar, brought to you by The Art of Potential, Inc., was designed to address those common concerns and help people discover the right career as well as find a job they love. By leveraging the collective experience of 30 of today’s top professional career experts, attendees will learn how to take this valuable information and transform their professional lives.

    From July 16-23, the Career Seekers Summit will have the entire content available free for a 24 hour period, making it is the perfect opportunity for job seekers to invest in themselves, evaluate the professional landscape, and learn from the world’s most relatable and talented career coaches. To reap the benefit of these experts’ insight all year long, they can upgrade to the $399 VIP membership.

    Some people think that they have to stay in a less than optimal job that quit satisfying them years ago, but that’s simply not the case. In fact, today’s dynamic economy in combination with a strong labor market means this is the best time to make a transition land a dream job.

    Kristin Hiemstra, Founder of Career Seekers SummitTM

    As the job search landscape shifts from a relatively straightforward experience to one that’s anything but linear, career seekers are discovering that the path to finding their ideal career is becoming increasingly challenging terrain. Yet a meaningful career is vitally important to one’s overall happiness and sense of satisfaction. Armed with resumes, LinkedIn profiles, and a battery of job postings, today’s career seekers desire opportunities and lifestyles beyond the traditional box. While connecting with recruiters has never been easier, the ability to highlight talents and experience in a way that differentiates job seekers in a sea full of candidates is crucial yet daunting. All that is about to change.

    “Some people think that they have to stay in a less than optimal job that quit satisfying them years ago, but that’s simply not the case,” said Kristin Hiemstra, a Certified Professional Coach and founder of Career Seekers SummitTM. “In fact, today’s dynamic economy in combination with a strong labor market means this is the best time to make a transition land a dream job.”

    Among the topics to be discussed are:

    • Finding your purpose and passion
    • Creating a job search plan and diminishing age bias
    • How to easily network and rock your LinkedIn profile
    • Formatting your resume for applicant tracking systems (ATS)
    • Attracting recruiters and making it through HR
    • Setting yourself up for success
    • How to set yourself apart in the interview process
    • Negotiating salary and make money beyond your job

    To learn more about Career Seekers Summit and to sign up for your free pass, visit the website.

    Media Contact:
    Kristin Hiemstra
    kristin@artofpotential.com

    About Career Seekers Summit:

    Your host for this year’s Career Seekers Summit™ is Kristin Hiemstra, a professional keynote speaker on career and human potential. Her mission in life is to unlock the potential in people and organizations. She holds a BA in Anthropology, MEd with a focus on Counseling and Human Development, a Certificate in Human Resources, and is a Certified Professional Coach. As a keynote speaker and expert on career and human potential she is passionate about delivering experiences on stage which inspire, educate and entertain audiences.

    Source: The Art of Potential, Inc.

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