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German unemployment steady at historic low in October

The German unemployment rate stood at 6.4 percent in September, unchanged from August and the lowest level in more than 25 yearsThe German unemployment rate — which measures the jobless total against the working population as a whole — stood at 6.4 percent in September, unchanged from August and the lowest level since west and east Germany reunited in 1990 after the fall of the Berlin Wall the previous year, the Federal Labour Office said in a statement. In concrete terms, the number of people registered as unemployed in Germany declined by a seasonally-adjusted 5,000 to 2.788 million, the Federal Labour Office said. In raw or unadjusted terms, the jobless total decreased by 58,800 to 2.649 million and the unemployment rate fell to 6.0 percent in October from 6.2 percent in September, the office noted.

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