• Number of unemployed people in Germany declines by 14,000 in December

Market news

5 January 2016

Number of unemployed people in Germany declines by 14,000 in December

The Federal Labour Agency released its unemployment figures for Germany on Tuesday. The number of unemployed people in Germany fell by 14,000 in December, exceeding expectations for a 7,000 decline, after a 14,000 decrease in November. November's figure was revised up from a 13,000 decline.

The unemployment rate remained unchanged at 6.3% in December, in line with expectations.

The number of unemployed people was 1.94 million in November, according to Destatis.

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

The employment rate climbed to 65.9% in November from 65.4% in October, according to Destatis.

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.