Germany's October Job Market Stagnates Amid Economic Slowdown

The expected autumn recovery in employment figures did not materialize, with minimal changes in unemployment rates across the country.

The total number of unemployed in Germany decreased by only 16,000 to 2.791 million, marking the smallest October decline in two decades.
Seasonally adjusted figures show an increase of 27,000 unemployed, reflecting ongoing economic challenges.
The national unemployment rate remains steady at 6%, with notable regional variations, including a high of 11.1% in Bremen.
Job openings have decreased significantly compared to last year, with 60,000 fewer vacancies reported.
The sluggish job market impacts both general employment and the availability of apprenticeships, with many young people still without placements.