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- Number of unemployed people in Germany slides by 11,000 in May
Number of unemployed people in Germany slides by 11,000 in May
The Federal Labour Agency released its unemployment figures for Germany on Tuesday. The number of unemployed people in Germany slid by 11,000 in May, beating expectations for a 5,000 drop, after a 16,000 decrease in April.
The unemployment rate declined to 6.1% in May from 6.2% in April. Analysts expected the unemployment rate to remain unchanged at 6.2%.
The number of unemployed people was 1.78 million in April, down from 1.79 million in March, according to Destatis.
Destatis said that Germany's adjusted unemployment rate remained unchanged at 4.2% in April.
The employment rate increased to 65.6% in April from 65.3% in March, according to Destatis.
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