Germany February unemployment change -33k vs -25k expected

  • Latest data released by the Federal Employment Agency - 2 March 2022
  • Prior -48k
  • Unemployment rate 5.0% vs 5.1% expected
  • Prior 5.1%

German labour market conditions continue to show some gradual improvement and that just reaffirms a more optimistic sign that the economy is able to brush aside the latest setback from the pandemic via omicron.

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