Germany’s unemployment rate dipped to 5.6% in July, an unusual decline for the summer month as Europe’s biggest economy showed more signs of recovering from the COVID-19 pandemic, official data showed Thursday.
The unadjusted jobless rate, the headline figure in Germany, was down from 5.7% in June. The Federal Labor Agency said the number of people registered as unemployed stood at 2.59 million – 24,000 fewer than the previous month and 320,000 fewer than a year earlier. The agency said it was the first July month-on-month decline since 2006.
