Germany’s unemployment rate stood at 6.3% in June, with the number of unemployed people falling by 1,000 in seasonally adjusted terms. This was an unexpected drop, as analysts had predicted an increase of 7,000. The overall number of unemployed people fell to 2.984 million.
Labor office head Andrea Nahles stated that there is little sign of change in the labor market, with unemployment falling only slightly and employment subject to social security contributions continuing its slight downward trend.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
