Germany's labor market remained on a strong footing in August as some other key indicators recently signaled robust economic growth in Europe's largest economy.
Jobless claims in August fell by 8,000 from July, the Federal Employment Agency said Thursday, referring to data adjusted for seasonal swings. This is in line with economists' forecast for a decline of 8,000 in The Wall Street Journal's poll.
Germany's adjusted jobless rate remained at 5.2%, unchanged from July, the lowest rate since the beginning of the data series in January 1992.
Detlef Scheele, the head of the employment agency said the labor market continues to develop "favorably."