German unemployment increased less than expected in September despite weak economic activity, official data revealed on Friday.
The number of unemployed increased by only 10,000 in September after climbing 20,000 in August, the Federal Labor Agency said Friday. Unemployment was expected to rise 15,000.
At the same time, the jobless rate held steady at 5.7 percent in September and also matched economists' expectations.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.