• Number of unemployed people in Germany declines by 10,000 in February

Market news

1 March 2016

Number of unemployed people in Germany declines by 10,000 in February

The Federal Labour Agency released its unemployment figures for Germany on Tuesday. The number of unemployed people in Germany fell by 10,000 in February, in line with expectations, after a 19,000 decrease in January. January's figure was revised down from a 20,000 decline.

The unemployment rate remained unchanged at 6.2% in February, in line with expectations.

The number of unemployed people was 1.83 million in January, according to Destatis.

Destatis said that Germany's adjusted unemployment rate declined to 4.3% in January from 4.4% in December.

The employment rate rose to an adjusted rate of 65.7 in January from 65.4% in December, according to Destatis.

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