Open Demo Account
Home / Market Update / Germany’s Unemployment Rate Exceeds Expectations in September

Germany’s Unemployment Rate Exceeds Expectations in September

Adel 27 September, 2024 12:20 pm Market Update

The number of unemployed individuals in Germany increased more than anticipated in September, according to data released by the federal labor office on Friday.

The report indicated that the number of unemployed rose by 17,000, reaching a total of 2.82 million when adjusted for seasonal variations. Analysts surveyed by Reuters had predicted an increase of 12,000.

The seasonally adjusted unemployment rate remained steady at 6.0%.

Tags

Check Also

Why Did the Dow Retreat from Record Highs?

The Dow Jones Industrial Average (DJIA) retreated from its record-setting run, slipping below 46,000 as …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends