German unemployment rate up slightly to 6.7 per cent with 2.90 million jobless

0

BERLIN – Germany’s Federal Labor Office says the country’s jobless rate ticked up slightly to 6.7 per cent in August as 30,000 more people joined the ranks of the unemployed.

The office said Thursday there were 2.90 million people out of work in August overall, and as a result the unemployment rate inched 0.1 percentage point higher from July.

When adjusted for seasonal factors, the jobless rate has remained steady at 6.7 per cent since March.

Federal Labor Office head Frank-Juergen Weise says he doesn’t expect much change in Europe’s largest economy over the coming period.

Leave a comment

Your email address will not be published. Required fields are marked *