Germany October unemployment change 27k vs 15k expected

• Prior 17k
• Unemployment rate 6.1% vs 6.1% expected
• Prior 6.0%

German joblessness ticked higher this month with the unemployment rate also nudging up slightly. The labour office notes that “the autumn upturn in the labour market has largely failed to materialise this year”. This will continue to be a spot to watch going into next year as the German economy struggles remain.

This article was written by Justin Low at www.forexlive.com.