BERLIN – Germany's job market performed unexpectedly well in January, according to statistics released Friday, though lockdown measures meant to slow the spread of the coronavirus continue to leave their mark on Europe's largest economy.
The unemployment rate in January remained unchanged at 6% when adjusted for seasonal factors, with 41,000 fewer people out of work, according to the Federal Labor Agency.
Economists had been predicting a slight uptick in number of unemployed and a rise in the adjusted rate to 6.1%. In unadjusted terms, the headline figure in Germany, the January unemployment rate rose to 6.3% from 5.9% in December, with some 193,000 more people registered as jobless for a total of some 2.9 million out of work. “All in all,