Germany's unemployment rate remained unchanged in November and the number of unemployed increased less than expected, official data showed Friday.
The Federal Employment Agency said the jobless rate stood at 6.3 percent in November, the same rate as in October and also matched expectations.
On a seasonally adjusted basis, the number of unemployed increased 1,000 from the previous month, the agency reported. Economists had forecast an increase of 4,000. Unadjusted unemployment fell 26,000 to 2.88 million in November.
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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.