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Joblessness in Germany registered an unexpected decrease in January as the labor market remained strong despite the economy moving closer to a recession. The number of people out of work decreased by 2,000, offsetting the increase of 2,000 in December, the Federal Labor Agency said Wednesday.
Germany's unemployment increased notably in October amid weak economic activity, data released by the Federal Labor Agency revealed on Thursday. The number of people out of work increased 30,000 after September's rise of 12,000.
Germany's unemployment increased less than expected in May despite the economy entering a technical recession in the face of high inflation and tight monetary policy.