Germany’s unemployment declined in October, the Federal Labor Agency reported Thursday.

The number of people out of work decreased 35,000 in October from the previous month, when it was down by 10,000. Economists had forecast a decline of 5,000.

The unemployment rate fell to 6.2 percent in October from 6.3 percent in September. The rate was forecast to remain stable at 6.3 percent.

Unemployment and underemployment fell sharply in October, Federal Employment Agency CEO Detlef Scheele said. However, there are clear traces of the first wave of the corona pandemic on the job market.

The material has been provided by InstaForex Company – www.instaforex.com

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.