FRANKFURT: Unemployment in Germany rose in July as uncertainty over the eurozone debt crisis begins to make itself felt on the labour market, official data showed on Tuesday.
In raw or unadjusted terms, headline unemployment rose sharply, with the total number of people out of work up by 66,800 in July from June to stand at 2.88 million, the Federal Labour Agency said.
The unadjusted jobless rate rose to 6.8 percent in July from 6.6 percent in June.
Unemployment tends to rise in the summer as school-leavers sign on the dole and companies close for the holidays but even adjusted for such seasonal factors, unemployment is on the rise in Europe's top economy, the data showed.
The seasonally adjusted jobless total rose by 7,000 in July from June.
But the adjusted jobless rate, which measures the proportion of people registered as unemployed against the working population as a whole, was unchanged at 6.8 percent.
"The risks for the German economy are on the increase," the labour agency said in a statement. "The underlying trend on the labour market remains positive but there are signs of weakening," it added.
Comments
Comments are closed.