Number of unemployed people in Germany declines by 5,000 in October

Market news

29 October 2015

Number of unemployed people in Germany declines by 5,000 in October

The Federal Labour Agency released its unemployment figures for Germany on Thursday. The number of unemployed people in Germany fell by 5,000 in October, exceeding expectations for a 4,000 decline, after a 1,000 increase in September. September's figure was revised down from a 3,000 rise.

The unemployment rate remained unchanged at 6.4% in October, in line with expectations.

The number of unemployed people was 1.87 million in September, according to Destatis.

Destatis said that Germany's adjusted unemployment rate remained unchanged at 4.5% in September.

Nationwide: UK house prices rise 0.6% in October

Eurozone’s economic sentiment index is up to 105.9 in October

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