German unemployment reaches the lowest level since December 1991

Market news

30 April 2015

German unemployment reaches the lowest level since December 1991

Destatis released its unemployment figures for Germany on Thursday. The number of unemployed people in Germany declined by 8,000 in April, missing expectations for a 13,000 decline, after a 14,000 drop in March.

March's figure was revised down from a 15,000 fall.

The number of unemployed people was 2.792 million in April, the lowest level since December 1991.

Germany's adjusted unemployment rate remained unchanged at 6.4% in April, in line with expectations.

Eurozone's unemployment rate remains unchanged at 11.3% in March

Central Bank of Russia lowers its key interest rate to 12.5%

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