December German Unemployment Rate 5.2%... 0.1%P Decrease from Previous Month
German Federal Employment Agency Announces Data on the 4th
[Asia Economy Reporter Cha Min-young] The German Federal Employment Agency announced on the 4th that Germany's unemployment rate in December was 5.2%. This is a 0.1 percentage point decrease from the previous month and lower than the expected 5.3%.
Germany's unemployment rate, a key European economic indicator, has been declining since September 2020, when it was 6.4%. The unemployment rate, which was 6.4% at that time, has fallen to the 5% range.
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The number of unemployed people in Germany (seasonally unadjusted) announced on the same day was 2.33 million, an increase of 13,000 from 2.317 million in the previous month.
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