Germany March unemployment change 16k vs 0k expected

  • Latest data released by the Federal Employment Agency - 31 March 2023
  • Prior 2k
  • Unemployment rate 5.6% vs 5.5% expected
  • Prior 5.5%

German unemployment rises slightly in March, with the number of people out of work increasing by 16,000 to 2.54 million. Overall conditions are still relatively robust but the latest figures show that economic headwinds are definitely leaving a mark.

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