- Prior 27k
- Unemployment rate 6.1% vs 6.1% expected
- Prior 6.1%
German unemployment rose by less than expected on the month, with the jobless rate keeping steadier. The latter has been trending upwards over the past year or so, reaffirming softer labour market conditions with the manufacturing sector in recession. So, that will continue to be a spot to watch for next year.
This article was written by Justin Low at www.forexlive.com.
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