Wednesday, 31 July 2024 15:10

The unemployment rate in Germany creeps back up to the early phase of the pandemic

The number of Germans without jobs increased by 18,000 on a seasonally-adjusted basis in July, Caspian Energy Media reports with reference to “euronews”.

Without the adjustment, the number of unemployed individuals rose by 82,000 month-to-month, meaning a total of 2.81 million people were without work.

Compared to July last year, Germany counted 192,000 more unemployed citizens.

It's normal for the jobless rate to rise in the summer as hiring slows during the holiday period. Even so, this month's jump is larger than usual.

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