BERLIN, July 31 (Reuters) - Germany’s jobless numbers dropped by less than expected in July, data showed on Tuesday, reflecting a cooling economy.
The Federal Labour Office said the seasonally adjusted jobless total fell by 6,000 to 2.338 million. That compared with an expected drop of 10,000 forecast in a Reuters poll.
The unemployment rate was unchanged at 5.2 percent, the lowest since German reunification in 1990.
A robust labour market has been the backbone of a consumption-led upswing in Europe’s largest economy, which went through a soft patch at the start of the year.
“The development of the labour market is very good,” Labour Office head Detlef Scheele said in a statement. “But it is no longer as energetic as before.”
The outlook for the economy has been clouded by restrictive trade measures and fears of a trade war between major trading blocs. (Reporting by Joseph Nasr Editing by Paul Carrel)