• German unemployment unchanged in June

Market news

1 August 2017

German unemployment unchanged in June

The Federal Labor Agency reported that number of unemployed Germans reduced by 9,000 to 2.537 million in seasonally adjusted terms in June. Economists had forecast the jobless total to fall 5,000 after growing by 7,000 in May.

Meanwhile, the unemployment rate was unchanged at 5.7 percent, the lowest level since reunification in 1990 and in line with the economists' expectations.

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