German Jobless Rate Rises as Manufacturing Layoffs Gather Steam
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
0mins
Source: WSJ
Unemployment Rate Increase: Germany's unemployment rate rose to 6.2% in January, up from 6.1% in December, indicating a growing economic challenge for the incoming government.
Manufacturing Sector Layoffs: The increase in unemployment is attributed to rising layoffs in the manufacturing sector, reflecting ongoing economic difficulties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
