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German unemployment rises more than expected in October, labour office says
October 30, 2024
BERLIN (Reuters) – The number of people out of work in Germany rose more than expected in October, federal labour office figures showed on Wednesday.
The office said the number of unemployed increased by 27,000 in seasonally adjusted terms to 2.86 million. Analysts polled by Reuters had expected that figure to rise by 15,000.
The seasonally adjusted job rate remained stable at 6.1%.
“The autumn upturn in the labour market has largely failed to materialise this year,” said labour office head Andrea Nahles.
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