German labor market continued to show a positive employment trend in June, the Federal Statistical Office said Thursday. The number of persons in employment living in Germany amounted to 40.3 million, an increase of 131,000 persons or 0.3% from a year ago.
Compared with May, the number of persons in employment rose by 41,000 in June, or 0.1%. After seasonal adjustment, there was a monthly increase of 32,000 persons, or 0.1%.
According to the concept of the International Labor Organization, the number of unemployed amounted to seasonally adjusted 3 million. Unemployment was down seasonally adjusted 310,000 persons or 9.3% from a year go.
The seasonally adjusted unemployment rate decreased to 7% in June from 7.7% recorded in the corresponding month of the previous year.
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