Germany October unemployment change -1k vs 8k expected

  • Prior 14k
  • Unemployment rate 6.3% vs 6.3% expected
  • Prior 6.3%

German unemployment unexpectedly eases in October, though the jobless rate continues to hold at 6.3%. The labour office notes that “the autumn recovery has been sluggish so far” as employment growth remains weak in general.

This article was written by Justin Low at investinglive.com.