Economics

German Unemployment Drops More Than Expected as Economy Recovers

  • Joblessness fell 91,000 in July; median estimate 29,000 drop
  • Some 309,000 more people unemployed than at the start of 2020
Photographer: Michaela Handrek-Rehle/Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Germany’s jobs market recovery accelerated in July as businesses rebuilt their workforce to cope with continuously strengthening demand.