Germany's jobless rate rises to 3-year high in June

Germany's jobless rate rises to 3-year high in June

Number of unemployed grows by 19,000 to 2.78M this month

By Tuba Ongun

Germany's seasonally adjusted unemployment rate rose to 6% in June, the highest since May 2021, according to data released on Friday.

The figure came in slightly above market forecast of 5.9%.

The number of jobless people grew by 19,000 to 2.78 million in June, marking the 18th straight hike.

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