Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

German unemployment falls further despite partial lockdown in November

12/01/2020 | 04:23am EST
FILE PHOTO: Traffic lights are seen below a sign leading to a job centre of Germany's Federal Labour Office in Munich

BERLIN (Reuters) - German unemployment fell unexpectedly in November despite a partial lockdown to contain a second wave of coronavirus infections in Europe's largest economy, data showed on Tuesday.

The labour office said the number of people out of work decreased by 39,000 in seasonally adjusted terms to 2.817 million. A Reuters poll had forecast a rise of 8,000.

The unemployment rate edged down to 6.1% from 6.2% in the previous month, the lowest level since April.

The number of people on short-time work schemes, which have shielded the labour market from the brunt of the pandemic, fell to 2.22 million in September. This compared to roughly 2.6 million in the previous month and a peak of nearly 6 million reached in April at the height of the pandemic.

(Reporting by Michael Nienaber; Editing by Riham Alkousaa)


© Reuters 2020
Latest news "Economy & Forex"
02:13pMalwarebytes says its emails were breached by SolarWinds hackers
RE
02:07pCruise, GM partner with Microsoft to ramp up self-driving vehicles
RE
01:53pAbbott's COVID-19 antigen test may help with faster detection, isolation - CDC
RE
01:50pOn eve of Biden, EU arms itself for trade disputes
RE
01:41pPandemic hit UK pubs group Wetherspoons seeks to raise cash again
RE
01:41pBells and candlelight to honor 400,000 COVID-19 dead on eve of U.S. presidential handover
RE
01:38pBackers of IP waiver for COVID-19 drugs make fresh push at WTO
RE
01:38pOil gains on stimulus optimism ahead of Biden inauguration
RE
01:36pU.S. Treasury nominee Yellen says China guilty of 'horrendous' rights abuses
RE
01:36pBoE's Haldane sees rapid economic recovery from COVID hit
RE
Latest news "Economy & Forex"