Latest data released by the Federal Employment Agency - 3 January 2020
- Prior -16k; revised to -14k
- Unemployment rate 5.0% vs 5.0% expected
- Prior 5.0%
The German labour market continues to show signs of vulnerability and that won't ease worries about the growth slowdown spilling over to other areas of the economy. For now, the unemployment rate is keeping steady but joblessness is starting to rear its ugly head a little.