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Germany Unemployment Declines In September

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's unemployment continued to decline in September but at a slower pace as supply-side bottleneck weighed on the performance of the manufacturing sector, data published by the Federal Labor Agency showed on Thursday.

The unemployment rate held steady at seasonally adjusted 5.5 percent in September. The expected rate was 5.4 percent.

The number of unemployed decreased 30,000 in September from August, when it was down 53,000. Economists had forecast a decline of 33,000.

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