Latest data released by the Federal Employment Agency - 2 March 2021
- Prior -41.0k; revised to -37.0k
- Unemployment rate 6.0% vs 6.0% expected
- Prior 6.0%
German unemployment crept a little higher last month but the overall jobless rate remains unchanged at 6.0%. It is still tough to really extrapolate much from the report as the short-time work scheme continues to distort underlying labour market conditions.
