German unemployment surges against forecasts

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Number of unemployed people in the largest economy of Eurozone added 25,000 in September, while analysts expected the unemployment to fall by 5,000. Moreover, the jobless rate advanced to 6.9% from 6.8% in August. Economists point out that the economy of Germany is growing, however, some big domestic companies like Siemens AG have recently announced big job cuts.

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