Weak economy leaves more jobless in Germany in July ...Middle East

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Weak economy leaves more jobless in Germany in July
source : Daily Sun ( Middle East ) () 27
BERLIN: Germany’s weak economic performance has “left its mark” on the country’s labour market as the number of jobless people rose by 62,000 month-on-month to almost 2.62 million in July, reported Xinhua citing the German Federal Employment Agency on Tuesday.The unemployment rate in Europe’s largest economy climbed to 5.7 per cent in July, according to the agency. “The German labour market is robust, but the economic development in the coming months is associated with high uncertainties,“ the Ministry of Labour and Social Affairs said in a statement.The pace of employment growth in Germany slowed in recent months and came to a complete halt in June with 45.7 million residents in employment,

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