Germany's Unemployment Rate Remains Steady Despite Job Losses in the Manufacturing Sector

Forex - Germany's labor market continues to be a bright spot in a challenging economic environment. According to data released by the Federal Employment Agency, Germany's adjusted unemployment rate remained at 6.1% in November, the same as in October and September. Economists had expected the unemployment rate to be 6.2%. Seasonally adjusted statistics show that unemployment claims fell to 7,000 in November from 26,000 in October, indicating a slowdown in unemployment figures compared to the previous month. The number of unemployed individuals decreased from 2,791,000 in October to 2,774,000 in November.