Latest News

Dow Jones Newswires: German labor market remained stable in September despite weakening outlook


Jobless claims in Germany rose in September, but less than expected, showing the resilience of the labor market amid the energy crisis and weakening consumption.

Jobless claims increased by 14,000 in September compared with the previous month, down from the revised 26,000 rise registered in August, according to data from the Federal Employment Agency released Friday. Economists polled by The Wall Street Journal had forecast that the number of people out of work would climb by 20,000.

The adjusted unemployment rate remained unchanged at 5.5% in September, matching economists’ forecasts.

Demand for labor in Germany remained strong in September, according to the agency’s data. The number of registered job vacancies stood at 873,000, up 74,000 on year, the agency said.

Write to Maria Martinez at

Market Extra: Pound gets a respite, moves back toward pre-budget levels

Previous article

Next Avenue: Does anyone want your parents’ art? Don’t junk it yet—a warped, moldy abstract painting sold for $30,000

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News