German unemployment rises more than expected, labour office says
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
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Upbeat outlook for CDL, UOL after strong H1 earnings