Germany reports unexpected jump in unemployment ...News

The spike in the jobless rate coincides with the influx of Ukrainian refugees Unemployment in Germany rose more than expected in June due to “difficult economic conditions,” an official report revealed this week. The Federal Employment Agency (BA) said the number of people out of work jumped by 28,000 from the previous month in seasonally adjusted terms. May saw a 13,000 increase from the previous month, the report noted. Analysts polled by Reuters had expected the figure for June to rise by 13,000 as well. According to the BA, unemployment in the country usually declines in the early summer. On average, over the

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