German unemployment rises in November

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Sharecast News | 30 Nov, 2022

German unemployment rose in November, according to official data released on Wednesday.

The Federal Labour Office said the number of people out of work rose by by a higher-than-expected 17,000 in seasonally adjusted terms to 2.538 million. The seasonally adjusted jobless rate rose to 5.6%.

"Overall, the labour market is stable," said Daniel Terzenbach, head of the regions at the Labour Office.

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