Latest data released by the Federal Employment Agency - 30 April 2019
- Prior -7k
- Unemployment rate 4.9% vs 4.9% expected
- Prior 4.9%
Unemployment change comes off more than expected but it's nothing too notable as the seasonally adjusted unemployment rate continues to hold at a record low of 4.9%. All this sounds good on paper but the fact is that this hasn't translated into meaningful wage or inflationary pressures in the euro area.
