Germany’s unemployment rate holds steady at 6.2pc in June

BERLIN, July 1 (Xinhua) -- Germany's unemployment rate remained unchanged at 6.2 percent in June, the Federal Employment Agency reported Tuesday. A total Kenya breaking news | Kenya news today |..

✨ Key Highlights

Germany's unemployment rate remained unchanged at 6.2 percent in June, with 2.914 million people registered as unemployed. Despite a slight decrease from May, the labor market continues to suffer from a sluggish economy.

The unemployment rate increased by 0.4 percentage points compared to June of last year.
Andrea Nahles, chairwoman of the Federal Employment Agency, noted signs of economic weakness and companies' reluctance to expand their workforce.
The number of job vacancies declined to 632,000 in June, a year-on-year drop of 69,000, indicating reduced labor demand.

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