Tuesday 20 February 2018

German unemployment climbs to highest level since April 2011

German Chancellor Angela Merkel
German Chancellor Angela Merkel

German unemployment rose to its highest level since April 2011 on a seasonally adjusted basis in November.

However the jobless rate stayed close to its lowest since Germany reunified more than two decades ago, Labour Office data showed on Thursday.

The number of people out of work increased by 10,000 to 2.985 million, the data showed.

The mid-range forecast in a Reuters poll had been for a rise of 1,000.

The jobless rate held steady at 6.9pc, in line with the consensus forecast in a Reuters poll.

Online Editors

Promoted Links

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Also in Business