Economic Indicators
German unemployment rises more than expected, labour office says
2024.04.30 04:45
By Maria Martinez
BERLIN (Reuters) – The number of people out of work in Germany rose more than expected in April, Federal Labour Office figures showed on Tuesday.
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%.
“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.
