German unemployment rises slightly less than expected in October
SPY•Seasonally adjusted unemployment in Germany rose by 4,000 to 3.016 million in October, below analysts’ forecast of a 5,000 increase. The unemployment rate held at 6.4%.
SPY•SPY•SPY•Seasonally adjusted unemployment in Germany rose by 4,000 to 3.016 million in October, below analysts’ forecast of a 5,000 increase. The unemployment rate held at 6.4%.
The seasonally adjusted number of people out of work rose by 4,000 to 3.016 million, while the unemployment rate remained at 6.4%. The unadjusted total fell by 40,000 to 2.955 million, its second consecutive month below 3 million.
Germany’s labour office recorded 654,000 job openings in October, 31,000 more than a year earlier. Labour office head Andrea Nahles said economic conditions were still insufficient to improve the labour market.
