German Unemployment Rises Slightly in August

Germany reported a smaller than expected rise in unemployment for August as the jobless rate held steady at 6.4 percent. Labour office figures showed modest seasonal increases while economic sentiment showed tentative signs of improvement.

A commuter train passes by the skyline with its financial district ahead of the European Central Bank’s (ECB) governing council meeting later this week in Frankfurt, Germany, October 25, 2021. REUTERS/Kai Pfaffenbach

Germany's jobless total rose by 4,000 to 2.996 million in August, tracking slightly below the consensus forecast of 5,000.

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