German unemployment increased less than expected in March ahead of strict containment measures taken by the government to curb the spread of coronavirus, data published by the Federal Employment Agency showed on Tuesday.
The number of people out of work rose by 1,000 in March, after falling by 8,000 in February. However, economists were forecasting an increase of 29,000.
The unemployment rate remained unchanged at 5 percent in March. The rate was forecast to rise to 5.1 percent.
For comments and feedback contact: editorial@rttnews.com
Health News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.