German jobless rise stays below forecasts
Germany reports a smaller than expected rise in jobless figures for October. The seasonally adjusted unemployment rate remains stable at 6.4 percent as conditions stay subdued.
Germany registered a smaller-than-expected increase in unemployment during October, with seasonally adjusted jobless figures rising by 4,000 to reach 3.016 million. The modest uptick reflects a subdued autumn revival across the broader European economy. Economists surveyed by Reuters had anticipated a larger increase of 5,000 for the month.
