German Jobless Claims Rose Less Than Expected in March
March 31 2020 - 4:27AM
Dow Jones News
By Maria Martinez
German jobless claims rose less than expected in March, without
showing the impact of the spread of the coronavirus on the German
labor market.
Jobless claims rose by 1,000 in March after falling by a revised
8,000 in February, the Federal Employment Agency said Tuesday. The
preliminary reading for February showed a fall of 10,000.
Economists in The Wall Street Journal's poll had forecast an
increase of 35,000.
The adjusted unemployment rate remained unchanged at 5.0%, the
agency said.
The number of registered job vacancies stood at 691,000 in
March, down 106,000 on the year, the agency said.
Write to Maria Martinez at maria.martinez@wsj.com
(END) Dow Jones Newswires
March 31, 2020 04:12 ET (08:12 GMT)
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