ISLAMABAD: 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.