Despite sluggish economic growth, German unemployment climbed less than anticipated in September, according to official figures released on Friday.
The Federal Labor Agency reported on Friday that the unemployment rate rose by 20,000 in August but only by 10,000 in September. 15 000 more people projected to be unemployed.
At the same time, the unemployment rate remained constant in September at 5.7%, which was also in line with economists' predictions.
This year, according to Daniel Terzenbach, regional head of the Federal Employment Agency, the autumn rebound is starting very slowly.
Although less than normal in September, Terzenbach noted that both underemployment and unemployment are decreasing. He said that the labor market is still stable. According to Destatis, the adjusted unemployment rate remained constant in August at 3.0 percent based on the labor force survey. Unemployment
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