• Number of unemployed people in Germany declines by 6,000 in May

Market news

2 June 2015

Number of unemployed people in Germany declines by 6,000 in May

Destatis released its unemployment figures for Germany on Tuesday. The number of unemployed people in Germany declined by 6,000 in May, missing expectations for a 10,000 decline, after a 9,000 drop in April.

April's figure was revised up from a 8,000 fall.

The number of unemployed people was 2.786 million in May, the lowest level since December 1991.

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

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.