Germany's unemployment figures for May have been released, showing mixed results. The seasonally adjusted unemployment total reached 2.762 million, up from 2.732 million the previous month. The non-seasonally adjusted total was 2.723 million, down from 2.750 million previously. The unemployment rate remained steady at 5.9%, matching both the forecast and the previous month's rate. However, the seasonally adjusted unemployment change was significantly higher than expected, with an actual increase of 25,000 compared to the forecast of 7,000 and the previous increase of 10,000. Meanwhile, Spain's unemployment change decreased by 58.65K.
🇩🇪 Germany German Unemployment n.s.a. (May) $EUR Actual: 2.723M Previous: 2.750M
🇩🇪 Germany German Unemployment Change (May) $EUR Actual: 25K 🟢 Expected: 7K Previous: 10K
🇩🇪 Germany German Unemployment Rate (May) $EUR Actual: 5.9% Expected: 5.9% Previous: 5.9%
🇩🇪 Germany German Unemployment (May) $EUR Actual: 2.762M Previous: 2.732M
GERMAN UNEMPLOYMENT (MAY) ACTUAL: 25.0K VS 10.0 K PREVIOUS; EST 7.0K
GERMAN UNEMPLOYMENT TOTAL NSA ACTUAL 2.723M (FORECAST -, PREVIOUS 2.750M) $MACRO
GERMAN UNEMPLOYMENT TOTAL SA ACTUAL 2.762M (FORECAST -, PREVIOUS 2.732M) $MACRO
🔴 ⚠️ BREAKING: GERMAN UNEMPLOYMENT CHANGE SA ACTUAL 25K (FORECAST 7K, PREVIOUS 10K) $MACRO
🇩🇪 Unemployment Rate (May) Actual: 5.9% Expected: 5.9% Previous: 5.9% https://t.co/G7onLl0KZd
🇩🇪 Unemployment Change (May) Actual: 25K Expected: 10K Previous: 10K https://t.co/G7onLl0KZd
🇩🇪 Unemployed Persons (May) Actual: 2.762M Previous: 2.732M https://t.co/G7onLl0KZd
🔴 GERMAN UNEMPLOYMENT RATE ACTUAL 5.9% (FORECAST 5.9%, PREVIOUS 5.9%) $MACRO
SPANISH UNEMPLOYMENT CHANGE ACTUAL -58.65K (FORECAST -, PREVIOUS -60.5K) $MACRO