Latest data released by the Federal Statistics Office - 8 March 2021
- Prior 3.7%
- Seasonally adjusted unemployment rate 3.6% vs 3.6% expected
- Prior 3.5%
A bit of a mixed report as the headline drops but the seasonally adjusted rate creeps a little higher last month. That said, it is tough to draw much conclusions as the furlough program has masked the actual underlying impact of the pandemic on the labour market.
