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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 rate rose unexpectedly in November as the economic downturn damped job creation, official data revealed on Thursday. The jobless rate rose to 5.
Germany's unemployment rose more than expected in August, data from the Federal Labor Agency showed on Thursday. The number of unemployed in August increased 18,000 after rising 1,000 in July.
Germany avoided a recession in the first quarter as the economy stagnated with the fall in household and government spending offsetting the improvements in capital formation and exports.