German unemployment rises to 31-month high
According to reports, Germany's quarterly unemployment rate in December was revised from 5 in November..8% to 5.9%。
According to reports, Germany's quarterly unemployment rate in December was revised from 5 in November..8% to 5.9%。
It was the highest unemployment rate since May 2021, with the number of unemployed increasing by 5,000 to a total of 27.03 million.。
Regional disparities remained, with Bremen and Berlin recording the highest unemployment rates, while Bavaria and Baden-Württemberg maintained the lowest.。
Andrea Nahles, president of the federal employment agency, said in a statement: "The labor market is still doing quite well in terms of the level of burden and uncertainty.。"
As of the day, the euro was essentially flat against the dollar, with the euro / dollar pair last quoted at 1.0936。The single currency has risen from a record 1 on December 28..The 5-month high of 1139 fell back.。
EUR / USD currency pair up 3 in 2023.16%。
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