German unemployment rises above 3 million mark in April

By Maria Martinez

BERLIN, ‌April 30 (Reuters) - ​The ​number of unemployed people in Germany rose more than expected in April and ‌surpassed the politically important 3 million mark in ⁠seasonally adjusted terms.

The jobless figure rose a seasonally-adjusted 20,000 ‌to 3.006 million, labour ‌office figures showed on Thursday. Analysts and economists had predicted an increase of 4,000 in a ​Reuters poll.

The seasonally adjusted jobless rate stood at 6.4%, unchanged from the previous month.

"There ⁠is still no sign of a turnaround in the labour market," labour ​office head Andrea Nahles said in a statement. "The spring upturn remains weak in ​April as well."

In seasonally unadjusted ‌terms, a total of 3.008 million people were unemployed in April, a decrease ⁠of 13,000 in the number of people out of work from the previous month.

This is the fourth ⁠consecutive month that the absolute number of jobless remained above ​the 3 million mark in unadjusted terms.

In total, 641,000 job openings were registered with the labour office in April, ‌5,000 fewer than a year ago.

Labour market data typically react with a lag ‌to geopolitical shocks such as the Iran conflict, ⁠as companies often ‌wait before cutting ​hiring or jobs until the economic fallout becomes clearer.

(Reporting by Friederike HeineEditing by Madeline ‌Chambers)

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