Geman unemployment increased in November

Note: This section contains information in English only.
Source: Bloomberg
German unemployment increased by 5000 to 2.94 million in November for an eight consecutive month and jobless rate was 6.9% as the Federal Labor Agency announced today. The largest European economy's labor market shrinks as Europe's debt crisis damages companies investment and economic growth. The unemployment rate increased for the first time in three year in September, despite the fact that economy expanded by 0.2% in the third quarter.
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