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Home Uncategorized

German unemployment drops to 6.5% in April

byCustoms Today Report
30/04/2015
in Uncategorized
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BERLIN: Germany’s unemployment rate dropped to 6.5 percent in April as the labor market in Europe’s largest economy remained strong.

The Federal Labor Agency said the unadjusted rate was down from 6.8 percent in March. Some 2.8 million Germans were registered as unemployed, about 89,000 fewer than the previous month.

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In seasonally adjusted terms the unemployment remained unchanged at 6.4 percent.

ING economist Carsten Brzeski says even though there is “still some room for improvement, the extremely solid labor market remains the showcase model of the German recovery.”

Tags: unemployment

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