German unemployment rises in September as Ukrainian refugees enter system
Tweet
Share
E-mail
FILE PHOTO: An employee of German food discounter ALDI Nord in Essen Germany, March 5, 2021. REUTERS/Wolfgang Rattay//File Photo
BERLIN (Reuters) - German unemployment rose in September, Labour Office figures showed on Friday, as Ukrainian refugees continue to enter the system.
The Federal Labour Office said the number of people out of work rose by 14,000 in seasonally adjusted terms to 2.510 million, below expectations by analysts polled by Reuters.
Without taking into account people with Ukrainian citizenship, the figures would have been significantly better, said the office.
"The labour market remains stable overall despite rising prices and concerns about an energy shortage," said labour office chief Andrea Nahles.
The seasonally adjusted jobless rate was stable at 5.5%.
(Reporting by Miranda Murray)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Hugging Face exploring sale valuing it at $13 billion, Business Insider says
- French politician Glucksmann launches presidential bid amid fractured left
- Hungary Paks nuclear plant could operate at full capacity by Wednesday, PM Magyar says
Create E-mail Alert Related Categories
ReutersRelated Entities
Raising PricesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
