June 29, 2018 / 9:09 AM / 19 days ago

No impact yet on German labour market from trade dispute - official

BERLIN (Reuters) - Germany’s Federal Labour Agency has seen no immediate impact on the labour market from a threatened trade war with the United States, its head Detlef Scheele said on Friday, although he warned that the dispute could eventually make itself felt.

The agency earlier published figures showing the jobs market in Europe’s largest economy was still buoyant, with seasonally adjusted jobless figures falling by 15,000, almost twice the amount forecast by economists.

“The labour market is still developing favourably,” Scheele said after the publication of the figures. “But the dynamic has weakened slightly.”

Reporting by Thomas Escritt; Editing by Catherine Evans

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