Germany July unemployment change 1.0k vs 2.0k expected

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.

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