Services sector provides growth momentum for cooling German economy: PMI
Germany’s service sector continues to grow, which is a sign that domestic labor is still contributing to growth in the economy. Currently, manufacturing is slowing down which has brought about concerns for the German economy. In the labor market specifically, job growth is at a three year low. The lagging labor market has just started to impact workers, with increasing unemployment for the first time in two years.
See "Services sector provides growth momentum for cooling German economy: PMI", Joseph Nasr, Reuters, June 5, 2019