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German unemployment drops to 6 per cent in October as labour market remains healthy

BERLIN – Germany’s unemployment rate dropped to 6 per cent in October as the labour market in Europe’s strongest economy remained healthy.

The Federal Labor Agency said Thursday that the rate ticked down 0.2 percentage points from September, with 59,000 fewer people out of work. Overall, 2.65 million Germans were registered as unemployed during the month.

Adjusted for seasonal factors, the unemployment rate was unchanged at 6.4 per cent, where it has been since April.

Germany’s economy remains strong, though the government recently trimmed its 2015 growth forecast to 1.7 from 1.8 per cent. It cited weakness in China and other major emerging economies.