BERLIN (dpa-AFX) - Germany's unemployment dropped more than expected in May, providing more evidence of a rebound in the biggest euro area economy. The number of unemployed dropped by 15,000 persons
By Reuters Staff
1 Min Read
BERLIN, March 31 (Reuters) - German unemployment fell in March, data showed on Wednesday, as lockdown measures to curb the coronavirus Europe’s biggest economy had a limited effect on the labour market.
The Federal Labour Office said the number of people out of work fell by 8,000 in seasonally adjusted terms to 2.745 million.
Germany is struggling to control a third wave of the pandemic and has been in lockdown since November although some measures were eased in early March with schools and hairdressers re-opening.
The unemployment rate remained unchanged from the previous month at 6.0%. (Reporting by Madeline Chambers Editing by Paul Carrel)
By Reuters Staff
2 Min Read
FILE PHOTO: A sign leading to a job centre of Germany s Federal Labour Office is pictured in Munich, Germany November 8, 2017. REUTERS/Michael Dalder
BERLIN (Reuters) -German unemployment fell in March, data showed on Wednesday, as lockdown measures to curb the coronavirus in Europe’s biggest economy had a limited effect on the labour market.
The Federal Labour Office said the number of people out of work fell by 8,000 in seasonally adjusted terms to 2.745 million. The unemployment rate remained unchanged from the previous month at 6.0%.
Germany is struggling to control a third wave of the pandemic and has been in lockdown since November although some measures were eased in early March with schools and hairdressers re-opening.
Macro Roundup (Apr 1)
CST
Source:SMM
The dollar rose on Wednesday, hitting a one-year high versus the yen and multi-month peaks with other currencies as investors bet fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery.
SHANGHAI, Apr 1 (SMM) This is a roundup of global macroeconomic news last night and what is expected today.
The dollar rose on Wednesday, hitting a one-year high versus the yen and multi-month peaks with other currencies as investors bet fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery.
The dollar index, a gauge of the greenback against six major currencies, however fell 0.1% to 93.189. But it posted its biggest quarterly gain since June 2018, up 3.56%.
German jobless falls by 8,000 in March msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.