9/30/2021, 9:55 AM (Source: TeleTrader)
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German unemployment rate at 5.4% in September

The unemployment rate in Germany came in at 5.4% in September, down by 0.2% compared to the month before, data released by the country's Federal Employment Agency revealed on Thursday.

Meanwhile, the number of unemployed German residents dropped by 30,000 from the previous month's figure.

"The labor market continues to develop positively," Daniel Terzenbach, regional director of the agency commented. "Employment and the number of jobs are growing, and are again above their respective pre-crisis levels," he added.

Baha Breaking the News (BBN) / BU