German unemployment falls in October

The German labour market is still showing clear signs of the first coronavirus wave, even when unemployment and underemployment fell sharply. – EPA pic, October 29, 2020.

GERMAN unemployment ticked down in October as the country bounced back from the initial shock of the pandemic, official data showed today, but a fresh round of shutdowns threaten to halt the momentum.

The seasonally adjusted jobless rate slipped to 6.2% this month from 6.3% in September, according to the BA federal labour agency, which called it a “noticeable improvement”.

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