Daily Journal masthead

German unemployment rate ticks up to 6.4 percent in August but job market remains robust

bug
Share/Save/Bookmark

BERLIN — Germany's unemployment rate crept up to 6.4 percent in August, but the Federal Labor Agency says the job market in Europe's largest economy remains robust.

The agency reported Tuesday that 23,000 more people were jobless in August over July, for a total of 2.796 million people out of work. That sent the jobless rate up 0.1 percentage points from 6.3 percent in July.

When adjusted for seasonal developments, the number of jobless actually dropped by 7,000 for a statistically unchanged 6.4 percent adjusted unemployment rate for the fifth month in a row.

Germany's healthy labor market contrasts with those in some southern European countries, where unemployment rates are far higher.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow Daily Journal:

All content copyright ©2015 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.