Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Germany: Unemployment increased by 196,000 in January - ING Thursday, 31 January 2019
Carsten Brzeski, chief economist at ING, points out that the German unemployment increased by 196,000 in January (not seasonally adjusted), bringing the total number of unemployed to 2.406 million; the highest level since March last year but still significantly lower than in January last year.

*Key Quotes*

β€œIn seasonally-adjusted terms, unemployment dropped by 2,000, leaving the seasonally-adjusted unemployment rate unchanged at 5.0%. The number of vacancies continued the recent trend of levelling off, dropping to 757,700. To put today's increase into perspective, it's still the second lowest January increase of the last 20 years.”

β€œAll in all, the German labour market remains an impressive engine for the entire economy, currently defying all external downside risks and uncertainties. At least for the time being, there is very little reason to see the last, rather stubborn, stronghold of the economy falling.”

You Might Like

Other recent news in Markets

Donald Trump's reported interest in acquiring GREENLAND triggers backlash in EuropeWhat Happened in the STOCK MARKET TODAY
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.