Germany's unemployment rose in February, defying expectations for a decline, mainly due to the return of lockdown measures to battle the coronavirus pandemic that has severely hurt economic activity. The number of unemployed grew by a seasonally adjusted 9,000 persons from January to 2.752 million, latest data from the Federal Labor Agency showed Tuesday.
Economists had forecast a decline of 13,000. In January, the figure dropped by 37,000 persons.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.