Jobs
German Unemployment Up More Than Expected as Labor Market Cools
- Joblessness rises by 17,000; economists saw 13,500 increase
- Labor market’s fall revival is sluggish, Nahles says
An employee assembles a fuel cell system in Esslingen, Germany.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
German unemployment rose more than anticipated — signaling that another economic rough patch is having an increasing impact on the labor market.
Joblessness rose by 17,000 in September, while economists polled by Bloomberg had predicted an increase of 13,500. The unemployment rate held at 6%.