Germany June unemployment change -15k vs -8k expected

Latest data released by the Federal Employment Agency - 29 June 2018

  • Prior -11k; revised to -12k
  • Unemployment rate 5.2% vs 5.2% expected
  • Prior 5.2%

Larger drop in the seasonally adjusted jobless total, as unemployment rate holds at record lows. Nothing else of note from the report, but it continues to underscore the tight labour market seen in the German economy.

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