Germany's unemployment rate rises to 3.1% in June

ISTANBUL

Germany's unemployment rate rose to 3.1% in July, from 2.9% in the same month last year, the country's statistical authority said on Tuesday.


Destatis said that the number of unemployed people was 1.38 million as of June, up 119,000, or 9.5%, on an annual basis.

"Roughly 45.7 million persons resident in Germany were in employment in June 2023," it said, adding that the number of employed people was up by 0.7% on a yearly basis.

"A year-on-year comparison shows that the long-term upward trend on the labour market continued in June 2023, but at a slower pace," it added.