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German Jobless Claims Fell in March, Beating Expectations

March 31, 2021 at 02:09 am EDT

By Maria Martinez

German jobless claims declined in March, after an unexpected increase in February following seven months of consecutive declines.

Jobless claims fell by 8,000 after rising by 9,000 in February, the Federal Employment Agency said Wednesday. Economists polled by The Wall Street Journal had forecast a decline of 5,000.

The adjusted unemployment rate was at 6.0% in March, unchanged from February. Economists polled by the Journal forecast March's adjusted jobless rate at 6.0%.

The number of registered job vacancies stood at 609,000 in March, down 82,000 on year, the agency said.

Write to Maria Martinez at maria.martinez@wsj.com

(END) Dow Jones Newswires

03-31-21 0409ET

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Maria Martinez

Maria Martinez is on the board of McKesson Corp., Silicon Valley Education Foundation, Genesys Works and Declara, Inc. and EVP, Chief Operating & Customer Experience Officer at Cisco Systems, Inc. Ms. Martinez previously was President & Chief Executive Officer of Embrace Networks, Vice President-Worldwide Services at Microsoft Corp., President-Global Customer Success at salesforce.com, inc., Principal at AT&T, Inc. and Vice President at Motorola, Inc. She received an undergraduate degree from the University of Puerto Rico and a graduate degree from The Ohio State University.

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