Germany December unemployment change -23k vs -15k expected

  • Latest data released by the Federal Employment Agency - 4 January 2022
  • Prior -34k
  • Unemployment rate 5.2%
  • Prior 5.3%

The German jobless total falls by another 23,000 to 2.405 million with the unemployment rate ticking lower once again. This just reaffirms further progress in labour market conditions, striving towards pre-pandemic levels still. To cut short, it just continues to hammer home the narrative in recent months that employment conditions in the region are gradually improving.

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