Germany: Unemployment Rate unchanged at 6.7% in May

FXStreet (Łódź) - Unemployment in Germany increased by 24.000 during May, following a 25.000 drop the previous month, the Bundesagentur für Arbeit informed today. Economists had forecast a 15.000 fall.

The unemployment rate remained unchanged at 6.7% for the third running month, as expected.

May 28, 2014

Germany Unemployment Change registered at 24K above expectations (-15K) in May

Still waiting for the new President of the EC – Danske Bank

After the recent EU-Parliament elections, members still need to decide the new President for the European Commission, observed Flemming Nielsen, Senior Analyst at Danske Bank...