German unemployment falls in January -Breaking
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© Reuters. FILE PHOTO – People wearing protective masks stroll along Kurfurstendamm, Berlin’s shopping district, during the COVID-19 outbreak. This was December 5, 2020. REUTERS/Fabrizio Bensch/File PhotoBERLIN, (Reuters) – German unemployment declined in January. Official figures on Tuesday showed that the recovery in the employment market was continuing despite the high number of COVID-19-related cases.
Federal Labour Office reported that the number of unemployed fell 48,000 to 2.345million seasonally. A Reuters poll predicted a decrease of 6,000.
Seasonally adjusted unemployment rate fell to 5.1%
Daniel Terzenbach (a top official of the Labour Office) stated that “the job market started off to a great start in 2022.”
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