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Germany June unemployment change 69.0k vs 120.0k expected

July 01, 2020 at 08:55AM

Germany June unemployment change 69.0k vs 120.0k expected
Latest data released by the Federal Employment Agency – 1 July 2020
– 238.0k; revised to 237.0k
– Unemployment rate 6.4% vs 6.5% expected
– Prior 6.3%
Joblessness in Germany rose for a third straight month and to its highest level in nearly five years, with Q2 job losses amounting to 678k following the lower-than-expected 69k headline figure
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