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Germany: The unemployment Rate stays unchanged at 5% as expected

Adel 3 May, 2022 1:53 pm Market Update

The data published by Germany’s Federal Labour Office showed on Tuesday that the seasonally adjusted Unemployment Rate in April stayed unchanged at 5% in April, matching the market expectation.
Further details of the publication revealed that the number of unemployed declined by 13,000 to 2.287 million, compared to analysts’ estimate for a decrease of 15,000.

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