Germany’s unemployment rate held steady in October, figures from Destatis showed Tuesday.
The jobless rate came in at an adjusted 4.5 percent in October, the same rate as in the previous month.
In the corresponding month last year, the unemployment rate was 5.0 percent.
The number of unemployed people decreased to 1.87 million in October from 1.88 million in the preceding month. A year ago, the jobless figure totaled 2.08 million.
The employment rate also remained unchanged at 65.1 percent in October.
The material has been provided by InstaForex Company – www.instaforex.com