German Jobless Claims Fell in November, Beating Expectations
December 01 2020 - 4:24AM
Dow Jones News
By Maria Martinez
German jobless claims fell again in November, continuing to drop
even as analysts had expected an increase amid a second national
lockdown.
Jobless claims declined by 39,000 in November after falling by a
revised 38,000 in October, the Federal Employment Agency said
Tuesday. Economists polled by The Wall Street Journal had forecast
a increase of 10,000.
The adjusted unemployment rate fell to 6.1% from 6.2% in
October, the agency said. This is below the 6.3% forecast by
economists polled by The Wall Street Journal.
The number of registered job vacancies stood at 601,000 in
November, down 136,000 on the year, the agency said.
Write to Maria Martinez at maria.martinez@wsj.com
(END) Dow Jones Newswires
December 01, 2020 04:09 ET (09:09 GMT)
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