German jobless rate ticks up to 5.6 pct on seasonal factors
2.5 million people were registered as unemployed in July
01 August, 11:29The Federal Labor Agency said Tuesday 2.518 million people were registered as unemployed in July - 45,000 more than the previous month but 143,000 fewer than a year earlier. The unadjusted jobless rate was up from 5.5 percent.
In seasonally adjusted terms, the jobless rate was unchanged at 5.7 percent and the number of people without a job down 9,000 compared with the previous month — a bit better than the 5,000 economists predicted. (ANSA).