- Analytics
- News and Tools
- Market News
- IFO: German employment outlook for Q1 2023 is positive
IFO: German employment outlook for Q1 2023 is positive
Germany’s IFO economic institute said in a statement on Wednesday, the outlook for Germany’s labor market is expected to be upbeat for the first quarter of 2023.
Key takeaways
“The latest employment barometer showed "the employment outlook for the first quarter of 2023 is positive, driven primarily by service providers.”
“Personnel service providers are also optimistic about the coming months."
Market reaction
The Euro remains pays little heed to the upbeat report, with EUR/USD keeping its range at around 1.0620, 0.10% higher on the day, as of writing.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
