New data Unemployment Change (Nov)
11/29/2024
actual 7, previous 27
The Unemployment Change report for Germany in November showed a decrease of 7, which was lower than the previous month's figure of 27. This indicates that the number of unemployed individuals in Germany decreased during the month. The actual value was also lower than the market expectation of a decrease of 20, resulting in a negative surprise for investors. This event is considered to have a high impact on the Euro (EUR) currency, as it provides insights into the labor market conditions in Germany, which can influence overall economic performance. The percentage change in unemployment was -74.074%, reflecting a significant improvement in the labor market compared to the previous month.This is not investment advice. Remember to verify the information provided here.
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