Home
News
默认头像

Germany's Unemployment Rate Falls to Record Low in May

2024-06-22OANDAOANDA
Germany’s unemployment rate fell to a record low in May, while the jobless rate across the eurozone fell to 10.2% in April. The unadjusted rate in Germany declined to 6% from 6.3% in April, the Federal Labour Office said. That was the lowest level since German reunification in 1990. Differences remain between the formerly divided […]

Germany’s unemployment rate fell to a record low in May, while the jobless rate across the eurozone fell to 10.2% in April.

The unadjusted rate in Germany declined to 6% from 6.3% in April, the Federal Labour Office said.

That was the lowest level since German reunification in 1990.

Differences remain between the formerly divided country: it was just 5.5% in what was West Germany, but 8.4% in the once-Communist east.
The fall reflected the strength of the labour market in Europe’s largest economy.

The eurozone jobless rate was down from 11% in April last year and the lowest figure for the 19 countries using the euro since August 2011, Eurostat said.

Across the 28 countries in the European Union, unemployment fell to 8.7% in April, down from 8.8% in March and 9.6% in the same month last year.
That was the lowest rate for the EU since April 2009.

Disclaimers

The article is sourced from oanda with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.