Germany: Unemployment rate rises in August to 5.5%


Germany: Rise in the unemployment rate in August, to 5.5% |  Photo credit: Shutterstock

Germany: Rise in the unemployment rate in August, to 5.5% | Photo credit: Shutterstock

BERLIN, Aug 31 (Reuters) – Germany’s unemployment rate rose in August, official statistics showed on Wednesday, mainly as a result of large numbers of Ukrainian refugees entering the labor market and the end of summer vacation.

According to the Federal Labor Office, the number of jobless people rose by 28,000 in seasonally adjusted terms to 2.497 million, in line with analysts’ expectations polled by Reuters.

The seasonally adjusted unemployment rate rose to 5.5%. (Report Miranda Murray; French version Alizée Degorce, edited by Jean-Stéphane Brosse)





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