Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,672.40
    -1,551.02 (-3.09%)
     

  • CMC Crypto 200

    1,260.80
    -97.21 (-7.16%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

German unemployment rises in July as Ukrainian refugees look for work

Reuters
·1-min read
FILE PHOTO: The sun sets behind the skyline of Frankfurt

BERLIN (Reuters) - German unemployment rose more than expected in July, Labour Office figures showed on Friday, as Ukrainian refugees looking for work in Germany are being registered by officials.

The Federal Labour Office said the number of people out of work grew by 48,000 in seasonally adjusted terms to 2.463 million.

Analysts polled by Reuters had on average expected an increase of 15,000.

The seasonally adjusted jobless rate rose to 5.4%.

"Unemployment and underemployment rose more sharply in July than is usual for the time of year. However, this is due to the registration of Ukrainian refugees," said Daniel Terzenbach, head of the regions at the Labour Office.

The labour market in general is stable, he added.

(Reporting by Miranda Murray, editing by Rachel More)