German unemployment rises more than expected in October, labour office says
Tweet
Share
E-mail
People walk through Alexanderplatz past an entrance to the underground train station in Berlin, Germany February 4, 2016. REUTERS/Fabrizio Bensch/ File Photo
BERLIN (Reuters) - The number of people out of work in Germany rose more than expected in October, federal labour office figures showed on Wednesday.
The office said the number of unemployed increased by 27,000 in seasonally adjusted terms to 2.86 million. Analysts polled by Reuters had expected that figure to rise by 15,000.
The seasonally adjusted job rate remained stable at 6.1%.
"The autumn upturn in the labour market has largely failed to materialise this year," said labour office head Andrea Nahles.
(Writing by Miranda Murray)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Hungarian Gripen jet crashes, no injuries reported, PM Magyar says
- China vows to protect its rights as US readies Iran sanction
- Germany's Wadephul to urge Rubio to take more active role on Ukraine
Create E-mail Alert Related Categories
ReutersSign 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!
