German unemployment rises more than expected, labour office says

Published Tue, Apr 30, 2024 · 04:30 PM

THE number of people out of work in Germany rose more than expected in April, Federal Labour Office figures showed on Tuesday (Apr 30).

The office said the number of unemployed grew by 10,000 in seasonally adjusted terms. Analysts polled by Reuters had expected that figure to rise by 9,000.

The seasonally adjusted jobless rate remained unchanged at 5.9 per cent.

“Although the German economy has been struggling for two years, the situation on the labour market remains robust,” said Daniel Terzenbach, from the Federal Labour Office, in the presentation of the data.

There were 701,000 job openings in April, 72,000 fewer than a year ago, the Federal Labour Office said. REUTERS

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here