Germany: unemployment at 7%, the figure is growing again after two years

2 November 2011, 10:32 | di FIRSTonline editorial team | 0

The increase is around 10: now there are 2,94 million jobless – data higher than analysts' expectations.

Germany: unemployment at 7%, the figure is growing again after two years

In Germany, unemployment rose in October for the first time in two years. The seasonally adjusted jobless rate is growing to 7% from 6,9% in September, with an increase of about 10 thousand units, to 2,94 million unemployed. The figure is higher than the expectations of analysts, who had expected a confirmation of 6,9%. The crude rate instead fell to 6,5, to 2,737 million, from 2,796 million in September.

FIRSTonline editorial team

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