empty
 
 

2020.01.3006:17:00UTC+00German Unemployment Rate Remains Stable In December

Germany's unemployment rate remained unchanged in December, the labor force survey from Destatis showed Thursday.

The jobless rate held steady at a seasonally adjusted 3.2 percent in December. In the same period last year, the unemployment rate was 3.3 percent.

On an unadjusted basis, the unemployment rate rose marginally to 3.2 percent from 3.1 percent a month ago.

Nearly 1.40 million people were unemployed in December, which was an increase of 78,000 people compared with the same month a year earlier.

At the same time, employment decreased 145,000 or 0.3 percent in December. The monthly decline was stronger than the relevant average of the past five years.

The Federal Employment Agency is slated to publish Germany's unemployment data later today. The number of people out of work is forecast to rise 5,000 in January after increasing 8,000 in December.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback