Investing.com - The number of unemployed people in Germany fell for the third consecutive month in February, while the country’s jobless rate held steady, official data showed on Thursday.
In a report, Germany's Federal Statistics Office said the number of unemployed people declined by a seasonally adjusted 14,000 this month, better than expectations for a drop of 10,000. Jobless claims in January fell by 28,000.
The report showed that Germany’s unemployment held steady at 6.8% in February, in line with expectations.
Following the release of the data, the euro held on to losses against the U.S. dollar, with EUR/USD shedding 0.18% to trade at 1.3662.
Meanwhile, European stock markets remained mixed. The EURO STOXX 50 shed 0.2%, France’s CAC 40 added 0.15%, Germany's DAX fell 0.2%, while London’s FTSE 100 inched up 0.05%.