In the News

Germany – Unemployment rate to a record low

The Federal Statistical Office revised October’s unemployment number from 6.7% to 6.6%, GermanyNovember’s figure was also 6.6%. Both figures were adjusted for seasonal variation.

Meanwhile inflation fell to its lowest rate in nearly five years in November.

Official figures showed inflation dropped to 0.5% in November from 0.7% in October.

Strong labour market

The fall in the number of unemployed was larger than analysts’ expectations, down 14,000 to 2.872 million, the Federal Labour Office said.

The figures are in marked contrast to many other economies in the eurozone.

Chosen excerpts by Job Market Monitor. Read the whole story at  BBC News – German unemployment rate falls to a record low.

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