Daily Market Updates: Germany’s unemployment rises more than expected in September

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Germany’s unemployment rises more than expected in September

Joblessness increased by 12,000 to 3.01 million in seasonally adjusted terms, pushing the unemployment rate to 6.4%.

Reported · Written up by our desk · Inflation

German unemployment rose by more than expected in September, according to Forexlive.

The jobless figure increased by 12,000 to 3.01 million in seasonally adjusted terms, following an earlier increase of 4,000.

The unemployment rate remained at 6.4% in September, matching expectations and holding steady versus the prior reading, despite the larger-than-expected rise in the jobless count.

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Sources

ForexliveGerman unemployment rises more than expected in September as autumn pickup fails to kick into gear

Bonds & Rates

Germany’s unemployment rises more than expected in September

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Sources

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