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German labour market continues post-pandemic recovery

Traffic lights are seen below a sign leading to a job centre of Germany's Federal Labour Office in Munich

BERLIN (Reuters) - German unemployment fell more than expected in October, official figures showed on Thursday, showing that companies in Europe's largest economy were firmly on a post-pandemic hiring spree despite supply bottlenecks that have hurt manufacturers.

The Labour Office said the number of people out of work fell by 39,000 in seasonally-adjusted terms to 2.466 million. A Reuters poll had forecast a fall of 20,000.

The seasonally-adjusted jobless rate dropped to 5.4%.

"Despite the improvement, the numbers remain significantly lower that before the pandemic and we are facing big challenges," said Federal Labour Agency chief Detlef Scheele.

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Germany's unemployment rate stood at 4.9% in March 2019, the month the country imposed its first restrictive measures to contain the coronavirus.

(Reporting by Riham Alkousaa and Joseph Nasr, editing by Emma Thomasson)