German unemployment grows for a fifth consecutive month, increasing by 9,000 to 2.901M vs....

|By:, SA News Editor
German unemployment grows for a fifth consecutive month, increasing by 9,000 to 2.901M vs. consensus for a rise of 8,000. The jobless rate stays unchanged at 6.8%. "The significant labor market indicators as a whole are developing increasingly weakly. Lower German economic growth is showing here," the Labor Office says.