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Economic Buzz: German unemployment rate drops in May
29-May-2026 14:34

The number of unemployed people in Germany fell unexpectedly in May, labour office figures showed on Friday, but the office warned that this was due to a one-off effect. In seasonally adjusted terms, the jobless figure fell by 12,000. The overall unadjusted number of unemployed ⁠people fell below the 3 million mark to 2.95 million. The decrease is likely mainly due to a counter-effect following the weak April figures, the labour office said. The seasonally adjusted jobless rate stood at 6.3% in May, 0.1 percentage points lower than the previous month.

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