German jobless rate descends to the lowest level in six months

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Source: Bloomberg
The German jobless rate reached 6.7%, the lowest point in six months, a sign the companies have more confidence in the Europe's largest economy. Even as the business sentiment has been in decline recently, the employment is increasing, with job openings climbing to a three-year peak. According to the statistics, the number of unemployed people slumped 18,000 in the Western part of the country, while the figure sank 4,000 in the Eastern part.
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Thu, 30 Oct 2014 16:17:04 GMT

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