Germany June employment change 11k vs 15k expected

Forex Short News
  • Prior 34k
  • Unemployment rate 6.3% vs 6.4% expected
  • Prior 6.3%

German unemployment rose by less than expected in June as the jobless rate held steady at 6.3%. The number of unemployed persons is seen increasing to 2.97 million in adjusted terms. That figure is slowly approaching the 3 million mark, which will be for the first time in roughly a decade.

This article was written by Justin Low at www.forexlive.com.