German unemployment at 2.5 mln in November

Press Releases | Economy 11/30/2016, 9:59 AM
German unemployment at 2.5 mln in November

The number of unemployed people stood at 2.5 million in Germany in November, marking a fall by 101,000 or 4% compared to the same period in 2015, according to a report released by the country's Federal Employment Agency on Wednesday.

Compared to October, unemployment fell by 8,000 or 0.3%. Seasonally adjusted, the number of unemployed people in Germany was down by 5,000 in November, after a decline of 13,000 recorded a month earlier.

The adjusted unemployment rate in November was 6% unchanged from a month earlier. 

TeleTrader Newsroom / NP