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German jobless rate holds at 37-year low

Staff Writer | October 30, 2017
German seasonally adjusted harmonised unemployment rate came in at 3.6 percent in September 2017, unchanged from August's 37-year low.
German jobless rate
Germany   The number of unemployed persons fell by 1.3 percent
The number of unemployed fell 1.3 percent from the previous month while the number of employed increased by 0.2 percent.

Compared with the previous month, the number of unemployed persons fell by 1.3 percent to 1.54 million from 1.56 million, while employment edged up 0.2 percent to 41.59 million people from 41.52 million.

Compared with September 2016, unemployment dropped 11.5 percent from 1.74 million people while employment rose 1 percent from 41.18 million people.

Youth unemployment rate edged down to 6.4 percent from 6.5 percent in the previous month and compared with 6.9 percent a year earlier.