Updated: 06/29/2012 02:21

German June unadjusted jobless rate 6.6%

®Copyright MediaCorp

Germany's unemployment rate hit a record low this month.

However, seasonally adjusted figures showed an increase in jobless claims indicating that the German labour market was losing momentum.

Germany's unemployment rate fell to 6.6 percent in June, it is the lowest percentage since 1991.

When adjusted for seasonal effects, the unemployment rate stayed flat at 6.8 percent in June, after the agency revised the May rate up from 6.7 percent.

Economists had expected the adjusted unemployment rate to remain at 6.7 percent.

Jobless claims increased by 7 thousand in June after the labour agency revised jobless total to 1,000 in May.

Economists had forecast that jobless numbers would remain unchanged.