Germany December unemployment change 5k vs 20k expected

  • Latest data released by the Federal Employment Agency - 3 January 2024
  • Prior 22k
  • Unemployment rate 5.9% vs 5.9% expected
  • Prior 5.9%; revised to 5.8%

The German jobless total rose by roughly 5,000 in December as the unemployment rate keeps ticks a little higher. Overall, employment conditions are still holding up but there have been gradual and light signs of weakness amid the manufacturing recession.

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