Forex Indices News

Germany October unemployment change 8k vs 15k expected

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  • Prior 14k
  • Unemployment rate 5.5% vs 5.5% expected
  • Prior 5.5%

The jobless rate keeps steady and the numbers show that overall conditions continue to be solid in the labour market. The labour office notes that there are consequences of economic uncertainties being visible (more companies preparing for posible short-time work and reducing new staff demand) but it isn’t too impactful for now.