German unemployment declines as winter linger

Note: This section contains information in English only.
Source: Bloomberg

German jobless rate dropped more than predicted in December as lingering winter supported employments in construction. Surge in cars and machinery exports also contributed to decline in German unemployment. The number of unemployed people decreased by 22 000 in December, reaching 2.89 million, said national Labour agency. Economists earlier predicted a drop of 10 000.

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