German unemployment increased unexpectedly in September

Market news

29 September 2016

German unemployment increased unexpectedly in September

German unemployment increased unexpectedly in September, reports said citing the Federal Labor Agency on Thursday.

The number of people out of work increased by 1,000 to 2.68 million, confounding expectations for a decrease of 5,000.

The jobless rate remained unchanged at a seasonally adjusted 6.1 percent, the lowest since the German reunification. The rate came in line with expectations.

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