German unemployment climbs to highest level since June 2011

Reuters
The entrance of the Jobcenter in Eichstaett
.

View photo

The entrance of the Jobcenter in Eichstaett August 29 2013. REUTERS/Michael Dalder

BERLIN (Reuters) - German joblessness unexpectedly rose to its highest level since June 2011 on a seasonally adjusted basis in October, but the unemployment rate remained close to its lowest level since reunification, Labour Office data showed on Wednesday.

The number of people out of work increased by 2,000 to 2.973 million, the data showed, comparing with the consensus forecast in a Reuters poll of economists for an unchanged reading.

The jobless rate held steady at 6.9 percent.

(Reporting by Michelle Martin and Sarah Marsh; Editing by Stephen Brown)

Rates

View Comments (3)