Latest data released by the Federal Employment Agency - 31 July 2019
- Prior -1.0k; revised to 0.0k
- Unemployment rate 5.0% vs 5.0% expected
- Prior 5.0%
The German unemployment rate holds steady for a third straight month after a slight nudge higher in May (due to data reclassification) and this continues to highlight tight labour market conditions in the economy.