German Labour Market Shows Very First Cracks

Unrecognizable foreman going through paperwork with manual workers in a warehouse.

skynesher/E+ via Getty Images

By Carsten Brzeski

German unemployment increased by 62,000 in July, raising the number of unemployed to 2.617 million. The seasonally adjusted unemployment rate, however, dropped to 5.6%, from 5.7% in June. For those who want to find some sign of weakening in

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