FXstreet.com (Barcelona) - Unemployment figures have shown a net increase in December for the first time in nearly three years, and a well larger than expected one, in a signal that the global economic slowdown is starting to show its consequences upon Eurozone's main economy's labour market.
The total unemployment volume has increased by 18.000 persons in seasonally adjusted terms in December, a well larger increase than the 10,000 advanced by market analysts. Besides, November's figures have been revised to a 4,000 net decline in unemployment, up from the 10,000 decline previously released.
The adjusted jobless rate has been estimated to reach 7.6% of the working population, seasonally adjusted in December, flat from November, once revised from the 7.5% previously released. In unadjusted terms, unemployment rate has risen to 7.4 from 7.1% in November.