German Jobless Claims Rise in April

German jobless claims rose in April, reflecting the negative impact of tightened pandemic restrictions on the labor market.
Jobless claims rose by 9,000 in the month after decreasing by 6,000 in March, the Federal Employment Agency said Thursday. Economists polled by The Wall Street Journal had forecast a decline of 10,000.

The adjusted unemployment rate was at 6.0% in April, unchanged from March and in line with forecasts by The Wall Street Journal economists.

The number of registered job vacancies stood at 629,000 in April, up 2,000 on year, the agency said.