German Unemployment Surge Challenges Economic Recovery

Concerns about Germany's job market grow as unemployment falls only slightly

Germany's unemployment rate fell only slightly In May as persistent economic weakness and global economic uncertainties largely stifled any spring recovery in Germany's job market.

German Unemployment Surge Challenges Economic Recovery

German Unemployment Surge Challenges Economic Recovery Unemployment in Germany increased more than anticipated in May, with figures from the labour office showing a seasonally adjusted rise of 34,000, totaling 2.96 million unemployed.This uptick approaches the 3 million mark for the first time in ten years, adding pressure on the new government amid economic stagnation.Economic challenges and the looming threat of tariffs from the U.S. further s…