• Number of unemployed people in Germany is flat in February

Market news

31 March 2016

Number of unemployed people in Germany is flat in February

The Federal Labour Agency released its unemployment figures for Germany on Thursday. The number of unemployed people in Germany was flat in March, missing expectations for a 7,000 decline, after a 9,000 decrease in February. February's figure was revised down from a 10,000 fall.

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

The number of unemployed people was 1.81 million in February, down from 1.83 million in January, according to Destatis.

Destatis said that Germany's adjusted unemployment rate remained unchanged at 4.3% in February.

The employment rate rose to an adjusted rate of 65.8% in February from 65.7% in January, according to Destatis.

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