German Unemployment Falls in December

German unemployment fell by more than expected in December, figures released by the Federal Labour Office on Tuesday showed, signalling the health of the job market in Europe’s largest economy.

The seasonally adjusted unemployment total last month fell by 14,000, more than double the 6,000 figure forecast in a Reuters poll of economists. The adjusted jobless total stood at 2.757 million.

via Reuters

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza