German unemployment rate unchanged at 6.6% in November, number jobless declines 14,000

The German unemployment rate in November was unchanged from the previous month's adjusted 6.6%, compared to a forecast for a 6.7%.

The Federal Labor Agency in Nuremberg said the number of unemployed people fell by 14,000 this month to 2.87m, more than the 1,000 drop expected by economists. In October the number of jobless dropped 23,000.

The data comes ahead of a speech by European Central Bank President Mario Draghi in Helsinki at 11:30 London time. Draghi last week said that the central bank would consider buying government bonds if inflation remained too low for too long.