Germany February unemployment change 11k vs 7k expected

  • Latest data released by the Federal Employment Agency - 29 February 2024
  • Prior -2k
  • Unemployment rate 5.9% vs 5.8% expected
  • Prior 5.8%

German unemployment rises in February with the overall number of unemployed persons growing to 2.713 million. The jobless rate also ticked marginally higher and that is arguably a sign that the poor economic environment is starting to dampen the mood in the labour market.

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