germanys jobless rate was stable at low levels in january suggesting the labor market remained resilient at the beginning of the year despite weakening economic activity the german unemployment rate stood at 55 in january unchanged from december data from the federal employment agency showed tuesday the reading is in line with economists expectations in wall street journal poll the number of unemployed people fell by 22000 in january on month on a seasonally adjusted basis after decreasing by 13000 in december the data showed economists expected a 5000 increase in jobless claimants demand for labor remained high the number of registered job vacancies stood at 764000 a 2000 increase compared with the previous month the agency said germanys labor market has remained tight despite the slowdown of the economy the german economy contracted by 02 in the fourth quarter of 2022 posting a weakerthanexpected performance but defying expectations of a deep recession only a few month ago