Germany July unemployment change 18k vs 15k expected

  • Latest data released by the Federal Employment Agency - 31 July 2024
  • Prior 19k
  • Unemployment rate 6.0% vs 6.0% expected
  • Prior 6.0%

German unemployment rose this month but at least the jobless rate held steady. Still, it points to some added softness in the labour market as recent negative economic developments seem to be weighing.

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