-
Brent falls below $75 as Nasdaq drops for 3rd straight day
-
'New rules': life in world epicentre of jihadist terror
-
Korda chases 3rd straight major at Women's PGA Championship
-
Trump clashes with Republicans in testy Capitol visit
-
Zimbabwe Senate approves bill to extend presidential term
-
Scheffler says PGA Tour headed 'in right direction' with two-tier system
-
Pulisic fitness boost as US seek knockout momentum against Turkey
-
Mamdani-backed leftist candidates win New York Democratic primaries
-
Hantavirus outbreak should formally end on July 2: WHO
-
Britain's Draper continues promising start under Andy Murray
-
Hong Kong arrests two for allegedly selling 'seditious' material
-
Laporte wary of Uruguay will to avoid World Cup exit against Spain
-
US promises to protect Gulf states' interests in Iran talks
-
Major Nigeria police reform edges forward with senate approval
-
Trials of two Ebola treatments to start in DRC next week: WHO
-
Trump consolidates rightward shift in Latin America
-
Judge asks why Kennedy Center covering facade after Trump's name removed
-
Olympics to offer all Games competitors $10,000 grants
-
Germany sinks troubled warship project in blow to naval ambitions
-
Left-wing candidate concedes tight Colombia election
-
US health deals cause trouble for Kenya govt
-
Stocks rebound after tech rout, Brent falls below $75
-
Socialism with a twist or crony capitalism? Cuban reforms spark debate
-
Berlin unveils monument to Jehovah's Witnesses murdered by Nazis
-
'Inhumane': Gaza flotilla activists recount Israeli detention ordeal
-
'Fingerprints' of black hole's event horizon detected for first time
-
Spurs sign Dubravka as goalkeeper cover
-
Verstappen seeking home boost with Red Bull upgrades
-
Stocks steady after tech rout, Brent falls below $75
-
'You have to work': Riders brave Rome heat for survival
-
England captain Stokes 'man enough' to apologise for curfew breach
-
France detects first Ebola case outside Africa in current outbreak
-
England captain Stokes 'man enough' to apologise after curfew breach
-
'GTA VI' preorders mark first test for biggest game of 2026
-
German naval ambitions suffer setback as warship order axed
-
Stocks rebound after tech rout, oil prices drop
-
London police to extend use of live facial recognition, drones
-
Australia spy chief warns of Iran terror threat
-
Europe swelters under record-breaking heatwave
-
Heatwave-hit Europe must adapt healthcare: WHO
-
Iran says deal to end Mideast war 'declaration of US defeat'
-
Euclid telescope snaps best photo yet of Milky Way's heart
-
S.Korea chip giant SK hynix seeks $29 bn in Nasdaq listing: regulatory filing
-
French-German tank maker KNDS fires starting gun on mega-IPO
-
'Pragmatists' vs 'hardliners': Is Iran split over US deal?
-
Right-winger Fujimori poised to win Peru president runoff
-
H5 bird flu detected in second Australia state
-
Major power outage in France as Europe wilts under record heat
-
Brazil aim for last 32 as World Cup goes into hectic phase
-
Back in stork: returning birds bring joy to Croatian village
German unemployment tops 3 million, highest for a decade
German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in another blow to Europe's struggling top economy.
The unemployment figure rose by 46,000 month-on-month to hit 3.025 million, the federal employment agency said, the highest level since February 2015.
The country's overall unemployment rate ticked up to 6.4 percent from 6.3 percent in July.
Andrea Nahles, head of the employment agency, said the data reflected weakness among Germany's manufacturers.
"That is an important motor for the Germany economy," she said, but added the sector was currently "weakening".
Battered by high energy costs and increasingly fierce Chinese competition, German manufacturers were struggling even before US President Donald Trump erected new tariff walls.
Over 110,000 jobs have been lost in German industry in the past year alone, a report released Tuesday by consultancy EY said, with about 50,000 of them coming from the car industry.
"It is crucial that we see signs of life from the economy," Nahles said.
The figures will pile pressure on Chancellor Friedrich Merz, who has made fixing the economy, which has shrunk for the past two years, a top priority.
"These numbers need to be politicians' wake-up call," said Thilo Brodtman, head of the VDMA machine-makers' association. "Costs need to go down and rigid rules need to be loosened."
Pointing to plans to spend hundreds of billions on creaking infrastructure in the coming years, Labour Minister Baerbel Bas said the government "stood on the side of employees and industry".
"Security and strong incentives for investment and employment are needed to generate economic growth again and bring momentum to the labour market," she said.
T.Wright--AT