By Maria Martinez 
 

German jobless claims fell considerably more than expected in July, the Federal Employment Agency said Thursday.

Jobless claims fell by 91,000 on the month after declining by a revised figure of 39,000 in June. Economists polled by The Wall Street Journal had forecast a decline of 22,500.

The adjusted unemployment rate was at 5.7% in July, falling from 5.9% in June. Economists polled by The Wall Street Journal had forecast the adjusted unemployment rate at 5.8% in July.

The number of registered job vacancies stood at 744,000 in July, up 171,000 on year, the agency said.

Write to Maria Martinez at maria.martinez@wsj.com

(END) Dow Jones Newswires

July 29, 2021 04:11 ET (08:11 GMT)