• German jobless claims rose by 4,000 in August, jobless rate remained unchanged

Noticias del mercado

29 agosto 2019

German jobless claims rose by 4,000 in August, jobless rate remained unchanged

German jobless claims rose in August, in line with expectations, adding fresh evidence that the country's economic slowdown is starting to impact the still-robust labor market.

Jobless claims rose by 4,000 in August, after increasing by 1,000 in July, data from the Federal Employment Agency showed. 

"The weak economic phase is also leaving its mark on the labor market," said Detlef Scheele, head of the agency. Unemployment and underemployment increased in August, while employment growth continues but is losing ground, he added.

The adjusted jobless rate remained unchanged at 5.0% in August, in line with expectations.

The number of registered job vacancies stood at 795,000 in August, down by 33,000 on the year. Nonetheless, it remains at high levels, the agency said.

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: