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Investing.com -- The number of people out of work in Germany increased more than expected in September, according to labour office data released Tuesday.
In seasonally adjusted terms, the jobless figure rose by 14,000 to 2.98 million, significantly exceeding the 8,000 increase economists had forecast.
Despite the rise in unemployment, the seasonally adjusted jobless rate held steady at 6.3%, matching analyst expectations.
The non-adjusted unemployment count crossed the 3 million threshold last month, marking the first time in a decade that German unemployment has reached this level.
The larger-than-anticipated increase in joblessness reflects ongoing challenges in the German labor market amid persistent economic weakness.
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