FX & CFD trading involves significant risk
The Federal Labour Office released German labour market data on Thursday. The number of unemployed people in Germany declined by 14,000 in November, beating expectations for a 1,000 decline, after a 23,000 drop in October. October's figure was revised up from a 22,000 decrease.
There were 2.717 million people out of work in November, the lowest level in three years.
Germany's adjusted unemployment rate remained unchanged at 6.6% in November, beating expectations for an increase to 6.7%. October's figure was revised down from 6.7%.
The Federal Labour Office President Frank-Jürgen Weise said that "the labour market developed positively despite only moderate growth in Germany".
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.