• Number of unemployed people in Germany declines by 13,000 in November

Market news

1 December 2015

Number of unemployed people in Germany declines by 13,000 in November

The Federal Labour Agency released its unemployment figures for Germany on Monday. The number of unemployed people in Germany fell by 13,000 in November, exceeding expectations for a 5,000 decline, after a 7,000 decrease in October. October's figure was revised up from a 5,000 decline.

The unemployment rate fell to 6.3% in November from 6.4% in October. Analysts had expected the unemployment rate to remain unchanged at 6.4%.

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

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

The employment rate remained unchanged at 65.1% in October, according to Destatis.

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