German Unemployment Comes In Worse Than Expected

The German labour market is still the envy of the world, but this particular monthly datapoint wasn’t quite as hot as expected.

Rather than a net creation of 2K jobs (as expected) it was actually a loss.

Earlier this morning, there was a very strong retail sales number in Germany, so it’s basically a wash on the econ front today from Germany.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.