• Number of unemployed people in Germany slides by 16,000 in April

Market news

28 April 2016

Number of unemployed people in Germany slides by 16,000 in April

The Federal Labour Agency released its unemployment figures for Germany on Thursday. The number of unemployed people in Germany slid by 16,000 in April, beating expectations for a flat reading, after a 3,000 decrease in March.

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

The number of unemployed people was 1.80 million in March, down from 1.82 million in February, according to Destatis.

Destatis said that Germany's adjusted unemployment rate declined to 4.2% in March from 4.3% in February.

The employment rate remained unchanged at an adjusted rate of 65.8% in March, according to Destatis.

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