Investing.com - The number of unemployed people in Germany declined for the second consecutive month in November, while the country’s jobless rate held steady at a record low, official data showed on Thursday.
In a report, Germany's Federal Statistics Office said the number of unemployed people fell by a seasonally adjusted 14,000 this month, compared to expectations for a drop of 1,000.
Jobless claims for decreased by 23,000 in October, whose figure was revised from a previously reported fall of 22,000.
The report showed that Germany’s unemployment held steady at 6.6% in November, unchanged from October and compared to expectations for a rise to 6.7%.
EUR/USD was trading at 1.2485 from around 1.2479 ahead of the release of the data, while EUR/GBP was at 0.7914 from 0.7913 earlier.
Meanwhile, European stock markets remained mixed. Germany's DAX tacked on 0.15%, the DJ Euro Stoxx 50 inched down 0.1%, France’s CAC 40 fell 0.2%, while London’s FTSE 100 slumped 0.2%.