BERLIN – German authorities say the country's unemployment rate ticked up to 5.6 percent last month in a typical seasonal increase at the start of the summer holiday, but the underlying trend remained healthy.
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The Federal Labor Agency said Tuesday 2.518 million people were registered as unemployed in July — 45,000 more than the previous month but 143,000 fewer than a year earlier. The unadjusted jobless rate was up from 5.5 percent.
In seasonally adjusted terms, the jobless rate was unchanged at 5.7 percent and the number of people without a job down 9,000 compared with the previous month — a bit better than the 5,000 economists predicted.
Germany, Europe's biggest economy, has been enjoying solid growth ahead of a September election in which Chancellor Angela Merkel is seeking a fourth term.