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.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.