German Jobless Claims Fell More Than Expected in May

By Maria Martinez

German jobless claims fell more than expected in May, the Federal Employment Agency said Tuesday.

Jobless claims fell by 15,000 on the month after rising by 8,000 in April. Economists polled by The Wall Street Journal had forecast a decline of 9,000.

The adjusted unemployment rate was at 6.0% in May, unchanged from April and in line with forecasts of economists polled by The Wall Street Journal.

The number of registered job vacancies stood at 654,000 in May, up 70,000 on year, the agency said.

Write to Maria Martinez at [e-mail]

(END) Dow Jones Newswires

06-01-21 0416ET