Germany May unemployment change 9k vs 15k expected

  • Latest data released by the Federal Employment Agency - 31 May 2023
  • Prior 24k
  • Unemployment rate 5.6% vs 5.6% expected
  • Prior 5.6%

German unemployment rose by less than estimated in May, with the jobless rate keeping steady at 5.6%. This just continues to reaffirm that the labour market remains steady overall in Germany.

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