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2/1, 10:00 AM (Source: TeleTrader)
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German unemployment rate down to 5.1% in January

The unemployment rate in Germany declined slightly to 5.1% in January compared to the previous month, topping market estimates, according to a report published by the Federal Statistical Office on Tuesday.

The number of employed persons increased by 49,000 or 0.1% last month, however, the total number of employed remained below pre-crisis levels. On an annual basis, the number of people in employment increased by 1.1%, or 483,000 people.

Baha Breaking News (BBN) / ND