German unemployment constant in May

Source: Bloomberg Businessweek
The seasonally adjusted number of unemployed people in Germany stayed at its April level of 2.87 million. Unemployment rate was falling for 27 consecutive months till October and reached the lowest level since reunification, 5.5 percent. Despite the severe crisis in the Eurozone, unemployment may continue falling, Eckart Tuchtfeld of Commerzbank AG said.

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